AUD/USD marks a new annual maximum for the hopes of unwinding between Israel and Iran - World Stock Market

NZD and AUD outperform and recover to trade at fresh 2025 highs

Risk assets recover as Israel dominates battle against Iran; no sign of conflict spreading to elsewhere in the Middle East and Iran seeks end to hostilities. Global equities stronger, US Treasury yields higher and oil prices lower

AUD/USD marks a new annual maximum for the hopes of unwinding between Israel and Iran - World Stock Market

The Australian dollar reaches a new maximum of the year while the US dollar (USD) extends its decline. The AUD/USD breaks above 0.6500, while Fibonacci resistance is consolidated at 0.6550. Chinese retail sales and a possible unworthy in the Israel-Iran conflict support the profits, but upward risks remain. The Australian dollar (AUD) was strengthened against the US dollar (USD) on Monday, driven by an improvement in the feeling of risk amid the…