AUD/USD advances as softer US Dollar and RBA tightening outlook sustain bullish bias
AUD/USD edges higher on Monday as traders reassess US-Iran tensions after tensions escalated over the weekend around the Strait of Hormuz, while cautious optimism over a potential deal continues to weigh on the US Dollar (USD) and support the risk-sensitive Australian Dollar (AUD).
AUD/USD edges higher on Monday as traders reassess US-Iran tensions after tensions escalated over the weekend around the Strait of Hormuz, while cautious optimism over a potential deal continues to weigh on the US Dollar (USD) and support the risk-sensitive Australian Dollar (AUD).
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