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The Australian dollar increased to its strongest level in years against the greenback and yen, underscoring a rebound in risk sentiment amid optimism around a longer-term US-Iran ceasefire.
Source
Bloomberg Markets
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The dollar index, which tracks its performance against a basket of major currencies, fell almost 10% through 2025.
Equinor ASA said first-quarter earnings from its marketing, midstream and processing business will exceed its guidance of about $400 million, with the Middle East conflict driving “significant volatility.”
Pakistan stepped up efforts to ensure the US and Iran prolong a ceasefire that’s set to end next week, allowing more time for the warring sides to negotiate a lasting peace deal.
A partially filled supertanker heading to Japan after receiving its Middle Eastern oil cargo via a ship transfer at sea highlights the desperate measures the nation’s refiners are taking to secure supply quickly.
