AUD/USD turns south, trades below 0.7100

AUD/USD turned lower on Thursday, retreating from the multi-year peak of 0.7187 achieved on Wednesday. The Greenback hedged sharply higher as the Middle East war intensified, pushing Oil prices up and fuelling demand for the safe-haven US Dollar (USD).

AUD/USD turns south, trades below 0.7100
AUD/USD turned lower on Thursday, retreating from the multi-year peak of 0.7187 achieved on Wednesday. The Greenback hedged sharply higher as the Middle East war intensified, pushing Oil prices up and fuelling demand for the safe-haven US Dollar (USD).

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