AUD/USD turns south, trades below 0.7100
AUD/USD turned lower on Thursday, retreating from the multi-year peak of 0.7187 achieved on Wednesday. The Greenback hedged sharply higher as the Middle East war intensified, pushing Oil prices up and fuelling demand for the safe-haven US Dollar (USD). As the American session comes to an end, AUD/USD trades in the 0.7070 price zone. Oil…