Australian Dollar opens lower as Iran warns against US ground military action

Australian Dollar opens lower as Iran warns against US ground military action

The Australian Dollar (AUD) trades lower against its major currency peers at the start of the week, trading 0.27% lower to near 0.6850 against the US Dollar (USD) in the opening trade. The antipodeans face selling pressure as investors worry that conflicts in the Middle East are set to widen amid fears that the United […]

Gold reclaims $4,500 as softer US Dollar offers support amid Iran tensions

Gold reclaims ,500 as softer US Dollar offers support amid Iran tensions

Gold (XAU/USD) edges higher on Friday, rebounding after falling nearly 2.75% the previous day, as evolving geopolitical headlines around the US-Israel war with Iran continue to drive volatility across global markets. At the time of writing, XAU/USD is trading around $4,527, up over 3.00% on the day. Meanwhile, a modest pullback in the Greenback is […]