
AUD/USD traded near 0.6850 as safe-haven demand lifted the US dollar after President Trump warned of possible action against Iran's energy infrastructure. Markets expected the RBA to hold rates at its next meeting with a hawkish bias.
Geopolitical risk aversion strengthens the USD and weakens commodity-currency pairs, while energy-infrastructure threats keep crude elevated, raising feed and fertilizer costs.
Not enough comparable past events yet for a historical read.
After 89 past bullish geopolitics events, DXY moved a median +0.5% over 5 sessions (74% higher; middle half -0.0% to +1.0%), and +0.3% over 20.
After 656 past bullish geopolitics events, BRENT moved a median +1.9% over 5 sessions (63% higher; middle half -2.7% to +6.6%), and +0.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.