AUD/USD flows: Broader Risk Mood Positive

The broader risk mood is positive on Friday with no news being regarded as good news. There has been limited headlines regarding the U.S.-Iran standoff and market participants are happy there hasn't been more escalation. However, we do not believe there will be strong position building without fundamental changes as no one would like to hold the bag with weekend uncertainty.

AUD/USD is trading 0.13% lower at 0.7192.