The Australian dollar has been the standout performer in FX this week, rallying sharply against all major peers. Gains versus the Japanese yen and US dollar have been particularly strong, with neither AUD/USD nor AUD/JPY showing any meaningful signs of a bearish reversal so far. Improving risk sentiment and renewed focus on domestic inflation risks have combined to put the Aussie firmly back on traders’ radar. Improving risk sentiment — helped by easing geopolitical and tariff concerns tied to recent US–Greenland headlines — has allowed traders to refocus on domestic fundamentals and the potential for further … (full story)
