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Australian Dollar picks up above 0.7000 as risk aversion eases

The Australian Dollar (AUD) appreciates against the US Dollar (USD) on Monday as comments from Iranian Foreign Minister Esmaeil Baghaei offered a glimmer of hope for de-escalation in Iran and pushed Oil prices down from one-month highs.

FXStreet — Commodities Jul 20, 2026 1 min read

The Australian Dollar (AUD) appreciates against the US Dollar (USD) on Monday as comments from Iranian Foreign Minister Esmaeil Baghaei offered a glimmer of hope for de-escalation in Iran and pushed Oil prices down from one-month highs.

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