The Aussie and the New Zealand dollar continued to climb on Wednesday (September 30th) after closing up against the dollar yesterday on the back of strong business confidence data and retail sales.Dow Jones reported that swap rates on both the Aussie and NZ dollar rose yesterday while bond rates fell, with gains in the high-yield currencies coming despite a stagnant performance on global equity exchanges.The Australian dollar continued to make headway against the dollar this morning, hitting a 13-month high as foreign exchange brokers anticipated a hike in the cash rate in the coming months after strong retail sales data.In the wake of the financial crisis, the Reserve Bank of Australia lopped a total of 425 basis points off the cash rate in a series of cuts in a bid to shore up home sales and business lending.The cash rate currently stands at three per cent, with the last cut being made in April.