AUD/USD bounces up but remains below 0.6500 on risk-off markets

  • The Australian Dollar is trimming some losses following a sharp decline earlier today as news that Israel bombed Iranian nuclear and military sites triggered a rush for safety, sending risk-sensitive assets, like the AUD, tumbling. The AUD/USD depreciated nearly 1% during Friday's early trading to hit one-week lows right above 0.6450.