Published: 2025-06-02T04:39:11.000Z
AUD/USD flows: Benefits from lower USD

FX Analyst
2
Ukraine launched a large-scale drone offensive against Russian targets over the weekend
Over the weekend, Ukraine launched a large-scale drone offensive against Russian targets. Those targets are deep in Russia and saw significant damage to multiple Russian aircrafts. It brings more geopolitical uncertainty as Ukraine and Russia are still in a negotiation for a peace deal, expected to be meeting in Tukey soon.
AUD/USD benefited from broadly soft USD to trade 0.33% higher at 0.6453.