Australia & U.S. Dollar Index

Australia: Australia's market analyst provided commentary on the potential for Japan — Japanese yen intervention based on U.S. jobs data.

U.S. Dollar Index: The U.S. Dollar Index has strengthened significantly against the Japan — Japanese yen, reaching a 40-year high, primarily due to expectations of United States — Federal Reserve rate hikes and higher US Treasury yields.

Australia: Australia's central bank has raised interest rates in response to the Iran war, indicating the global reach of the conflict's economic impact.

U.S. Dollar Index: The U.S. Dollar Index has slid due to the prospect of a deal to end the Iran war, although its dominance in global oil trade is being tested.