The US dollar has rallied a bit after falling in the early hours of Thursday. This is a market that continues to see a lot of traders taking advantage of getting paid at the end of every day.
The Aussie continues to attempt a recovery on Thursday, as the market is currently threatening a significant level in the market.
A full-scale Middle East conflict is unlikely but any further escalation of tensions would have significant adverse consequences for commodity markets and inflation, affirming geopolitical developments as a core economic challenge globally.
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