AUDJPY

AUDUSD Australian dollar

AUDJPY Slumps as US-Iran Escalation Up Risk-Off Sentiment

Risk-off sentiment returned to the financial markets on Friday after the Pentagon confirmed that a US drone strike had killed a top Iranian commander, triggering a sell-off in the AUDJPY pair. This latest US-Iran escalation placed several commodity currencies such as the Australian Dollar on offer, while triggering safe-haven demand [...]