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Australian Dollar climbs above 0.7000 as hopes of an Iran deal lift risk sentiment

AUD/USD trades around 0.7035 on Tuesday at the time of writing, up 0.50% on the day. The pair is supported by improving market sentiment after US Treasury Secretary Scott Bessent said that an agreement with Iran to reopen the Strait of Hormuz could be reached as soon as Tuesday or Wednesday.

Australian Dollar climbs above 0.7000 as hopes of an Iran deal lift risk sentiment

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