Published: 2026-05-06T02:36:50.000Z
AUD/USD flows: Cheering for potential peace
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Australia to build A$10bn fuel reserve as Middle East crisis drives stockpile push
The antipodeans are having their day as market participants cheer ahead of potential "great progress". Both equities and precious metals are higher, supporting the antipodeans strongly. Australia is reported to be building Aussie 10bn fuel reserve as Middle East crisis drives stockpile push, an act for future cushion of energy shock.
AUD/USD is trading 0.69% higher at 0.7232.