AUD/USD falls sharply on Tuesday, trading around 0.6950 at the time of writing, under pressure amid a renewed wave of risk aversion across global markets, supporting safe-haven assets, particularly the US Dollar (USD).
Geopolitical tensions in the Middle East are currently driving market sentiment. US President Donald Trump announced a five-day delay regarding a deadline linked to the Strait of Hormuz, while signaling to what he described as constructive discussions with Tehran. However, Ir