Australian Dollar defies Iran war jitters as RBA hike bets double

FXStreet21 October 2026, 21:53 UTCAustralia

The Australian Dollar rallies for the fourth straight day against the US Dollar as market mood remains positive amid high tensions in the Middle East, pointing to a resumption of hostilities, as reported by recent news. Despite this, the AUD/USD trades at 0.7027, up 0.44%.

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