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Forex

AUD/USD Flat as Geopolitics and Macro Numbers Dominate Market Attention

Guavy AI Editorial Team
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USD AUD
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The AUD/USD pair has been flat on Wednesday as traders focus on geopolitics and key macro numbers from the United States.

US oil prices have dropped sharply this week after President Donald Trump halted his planned strikes against Iran, which raised concerns about supply shortages.

The US dollar retreated modestly as traders embraced a risk-on sentiment with Brent crude oil prices dropping to $78 from last month's high of $100.

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