RBA

2026-07-07 01:25:19

AUD/USD Surges Toward 0.6920 as Market Sentiment Shifts Amid Iran Tensions

The AUD/USD pair rallied to near 0.6920 in early Asian trading on Thursday, driven by strong commodity prices and better-than-expected Australian jobs data. Technically, it broke above the 50-day SMA with RSI near 60. However, geopolitical risks tied to Iran cap gains, keeping volatility elevated.

230
AUD/USD Surges Toward 0.6920 as Market Sentiment Shifts Amid Iran Tensions