AUD/USD Falls to 0.6440 After US Strikes Iranian Nuclear Facilities
Key Points
- The Australian Dollar has dropped to 0.6440 following US air...
The Australian Dollar just got a reality check courtesy of Uncle Sam's latest military adventure. Following US airstrikes on Iranian nuclear facilities on June 22, the AUD/USD pair is now lounging around 0.6440 like a tourist who just discovered their hotel doesn't have room service.
When Risk-Off Means Aussie's Off
Here's the thing about the Australian Dollar - it's basically the golden retriever of currencies. It loves a good risk-on party where everyone's buying commodities and feeling optimistic about the future. But when geopolitical tensions start heating up faster than a barbecue ...
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