Tensions between the United States and Iran have intensified, leading to a decline in risk-sensitive currencies during pre-market trading in Sydney.

The Australian dollar fell 0.8% against the US dollar to 0.7062. The Australian dollar also dropped 0.9% versus the Japanese yen to 110.073. The euro declined 0.3% against the US dollar to 1.1778. The euro is expected to decrease 0.4% against the Swiss franc to 0.9046. The euro is anticipated to fall 0.5% against the Japanese yen to 183.39. The US dollar rose 0.8% against the South African rand to 16.0673. The US dollar climbed 0.4% against the Mexican peso to 17.2885.