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fxJun 18, 2026, 1:20 AM

AUD/USD Rises Above 0.7000 After Trump Signs US-Iran Deal

The Australian dollar edged higher above the 0.7000 level during early Asian trading on Thursday as optimism over a US-Iran peace deal boosted risk appetite.

AUDUSD

AUD/USD strengthened to around 0.7025 in early Asian trading on Thursday, supported by optimism following the signing of a US-Iran peace deal by President Trump. The Australian dollar, considered a risk-sensitive currency, benefited from improved market sentiment.

The move above the 0.7000 psychological level reflects a broad risk-on mood, with traders favoring higher-yielding assets. No further details on the deal's terms were provided in the report.

Source: FXStreet Forex News