The Australian currency has been sold off after Iranian missile strikes on Israel shattered investor confidence, while a strong US jobs report has not helped.

Australian shares experienced their worst week in nearly a month, with the S&P/ASX 200 index closing down 0.7% on Friday. Escalating U.S.-Iran tensions and conflicting Middle East…

The Australian currency has been sold off after Iranian missile strikes on Israel shattered investor confidence, while a strong US jobs report has not helped.

The Australian dollar falls to its lowest level in over two months, just over 70 cents to the US dollar, amid a renewed surge in the greenback as global interest rates, including…

NEW YORK/LONDON, June 8 : The dollar pulled back on Monday from its highest level in nearly two months, after Iran said its attacks on Israel had ended.Tehran's comments lured…

The US dollar is strong, nearing a two-month peak. Middle East tensions are fueling demand for the dollar. Traders are also betting on the US Federal Reserve increasing interest…

June 9 : The U.S. dollar fell on Tuesday, as hopes for a deal to reopen the Strait of Hormuz outweighed expectations of higher U.S. interest rates ahead of fresh U.S. data later…

The Australian sharemarket is lower in early trade as fresh US strikes on Iran cast doubt on the chances of a deal to reopen the Strait of Hormuz.