AUD/USD Falls to 0.6485 as Israel-Iran Tensions Drive USD Strength
Key Points
- The Australian dollar is struggling amid geopolitical tensio...
The Australian dollar just discovered what it feels like to be a kangaroo caught in the headlights of Middle Eastern military strikes. Trading at 0.6485 against the greenback as of this early Asian session, the AUD is having about as much fun as a tourist trying to explain cryptocurrency to their grandmother.
When Missiles Meet Money Markets
Israel's recent strikes on Iran have triggered the classic investor response: grab dollars and ask questions later. This "risk-off" stampede has traders rushing toward the US dollar like shoppers at a Black Friday sale, except instead of discounted e...
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