Australian Dollar declines below 0.6950 as US, Iran launch new round of strikes

Australian Dollar declines below 0.6950 as US, Iran launch new round of strikes

The AUD/USD pair loses ground to near 0.6940 during the early Asian session on Monday. Renewed tensions in the Middle East weigh on the riskier assets such as the Australian Dollar (AUD) against the US Dollar (USD). Traders brace for the release of the US Consumer Price Index (CPI) inflation data, which is due later […]

AUD/USD climbs as Chinese Yuan strength supports the Aussie

AUD/USD climbs as Chinese Yuan strength supports the Aussie

AUD/USD advances toward the 0.6960 area on Friday, supported by a softer US Dollar (USD) and renewed strength in the Chinese Yuan (CNY). The pair continues to recover on the four-hour chart, although escalating tensions between the United States (US) and Iran are limiting broader risk appetite. US President Donald Trump said on Truth Social […]