India, June 12 -- The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against other major currencies in the Asian session on Thursday, as rising geopolitical tensions in the Middle East weighed on market sentiment.
The United States said on Wednesday that it will partially evacuate its Iraqi embassy and enable military dependents to leave several locations in the Middle East, citing regional security concerns.
Furthermore, White House envoy Steve Witkoff is expected to meet with Iranian Foreign Minister Abbas Araghchi in Muscat on Sunday to discuss the Iranian response to the current U.S. proposal, according to Axios.
Iran's defense minister has threatened that Tehran would target U.S. bases regi...