Australian dollar jumps to a 15-month high as rate-hike bets return
SYDNEY, Jan 26, 2026, 20:22 AEDT The Australian dollar surged to its strongest level since September 2024 on Monday, trading close to $0.6917. This spike followed a broad sell-off in the U.S. dollar, triggered by a sharp rebound in Japan’s yen. Thin liquidity, thanks to holidays in Australia and New Zealand, pushed volatility higher throughout the session. (Reuters) The shift…