Why did the Australian dollar jump today?

The move followed an RBA rate hike of 25 basis points and guidance that kept a tightening bias. Higher local rates improved carry appeal, drawing buyers into AUD. That support lifted AUD/USD to 0.7147, the highest since February 2023. Traders now watch AUD/USD 0.7175. The path from here depends on US data, risk sentiment, and whether the US dollar strengthens again.

Is AUD/USD 0.7175 a strong resistance level?

It is an important nearby level after the surge to 0.7147. A daily close above 0.7175 would signal buyers remain in control and could open 0.7220 to 0.7250. Failure to break may see a drift back toward 0.7080 to 0.7100. Watch momentum, US yields, and risk appetite to judge the likely direction.

How does a stronger Australian dollar affect my global shares?

All else equal, when the Australian dollar rises, the AUD value of unhedged foreign assets falls by roughly the same percentage. That can reduce returns even if the offshore market is up. Hedged global ETFs aim to neutralise this currency effect. We suggest setting a target hedge ratio and reviewing it as levels and costs change.

What are simple currency hedging options for Australians?

Common tools include AUD-hedged global ETFs, forward contracts through a broker, and multi-currency cash accounts. Many investors hedge part of their offshore exposure, for example 25 percent to 50 percent, to smooth returns. Add hedges on pullbacks and trim into strength near resistance. Always review costs, liquidity, and any margin requirements before placing trades.

Global Market Insights

Australian Dollar Today, February 13: RBA Hike Drives AUD Toward 0.72

ByDanny Kontos February 13, 2026February 13, 2026

Australian dollar jumped today, 13 February, after the RBA rate hike of 25 bp, pushing AUD/USD to 0.7147, the highest since February 2023. Traders now watch AUD/USD 0.7175, a nearby resistance flagged by several desks. With domestic rates higher, carry support has improved, and some strategists see scope for the mid-0.70s. The risk is a firmer US dollar that could erase gains. For Australians with unhedged offshore assets, currency hedging matters more today. Sticky services inflation keeps the RBA cautious, so policy may stay tighter for longer. We outline what drove the move, key levels, and simple steps to protect portfolios.