Australian Dollar futures reached a 3-year high.

Australian Dollar futures advanced for a 6th consecutive session, reaching their highest level in 3 years. The rally was driven by a combination of a weaker U.S. dollar and a hawkish stance from the RBA over recent months. This strength extended across the FX quadrant, with Euro futures and British Pound futures also approaching multi-year highs. Additionally, the market saw positive price action in Canadian Dollar futures and Japanese Yen futures. While gains were broad-based, the AUD, euro and GBP demonstrated notable relative strength in the current market environment.