Published: 2026-05-28T03:01:16.000Z
AUD/USD flows: Sentiment Sour
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The US has sanctioned Iran's Persian Gulf Strait Authority
The risk sentiment turned sour on Thursday as more explosions are heard near Bandar Abbas, Strait of Hormuz. U.S. said such action is defensive while Iran accused an American tanker tried to pass. Such incident is giving market participants second thoughts on whether a deal is near.
U.S. major equity indexes and most regional equities are lower. AUD/USD is trading 0.22% lower at 0.7125 as precious metal also treads lower.