The AUD/USD pair ticks up to near 0.6490 during European trading hours on Friday. The Aussie pair oscillates inside the Thursday’s trading range, while investors await the decision from the United States (US) about whether it will directly involve in the week-long aerial war between Israel and Iran.
The US Dollar keeps trading in a bullish trend with higher highs and higher lows against a weaker Yen and is on track to close the week 0.8% higher, despite the strong Japanese inflation figures seen earlier today.
On Friday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1695 as compared to the previous day's fix of 7.1729 and 7.1801 Reuters estimate.