Makro··FXStreet News

Australian Dollar softens on escalating Middle East tensions

The AUD/USD pair loses traction to near 0.7130 during the early Asian session on Friday. Renewed conflict in the Middle East provides some support for a safe-haven currency, such as the US Dollar (USD), against the Australian Dollar (AUD).

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The AUD/USD pair loses traction to near 0.7130 during the early Asian session on Friday. Renewed conflict in the Middle East provides some support for a safe-haven currency, such as the US Dollar (USD), against the Australian Dollar (AUD).