U.S. official said late Thursday that Washington remains committed to a resolution with Iran
With weekend coming soon, market participants are cautious not to being caught wrongfooted. While broad market sentiment is hopeful for limited escalation, it is hard to give a timeline when the geopolitical tension will ease. U.S. major equity indexes are slightly in the red yet regional equities are more upbeat.
AUD/USD is trading 0.2% higher at 0.6955.