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Australian dollar rises to its highest level against the yen since 1990 as risk appetite strengthens

Australian dollar rises to its highest level against the yen since 1990 as risk appetite strengthens

老虎证券老虎证券2026/04/16 00:41
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During Wednesday's New York trading session, the Australian dollar against the Japanese yen once surged to 114.112, marking the first time this price level has been reached since September 1990. This movement was in sync with a broad rebound in global stock markets, with the S&P 500 Index reaching a record high, as signs indicate the U.S. and Iran are close to extending a ceasefire and resuming talks, prompting investors to bet that tensions in the Middle East may ease.
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