Market News

    Asia FX skittish as Iran fears, Fed caution boost dollar; Aussie rises before RBA

    Most Asian currencies kept to a tight range on Monday as persistent uncertainty over the U.S.-Israel war on Iran and caution before a Federal Reserve meeting put the dollar near 10-month highs. 

    The Australian dollar was an outperformer, rising ahead of a Reserve Bank of Australia meeting on Tuesday where the central bank is widely expected to hike rates. 

    Source : Investing.com