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• AUD/USD fell to 0.6924 in Asia, as safe-haven USD rose on renewed Iran attacks
• 0.6924 is the lowest level since July 8 (0.6907 was the low that day)
• Friday's high was 0.6969 (in Asia). 0.6965 was NY session high Friday
• CFTC data: net AUD short rose to 24,651 contracts in week to July 7
• Third consecutive week in which the net AUD short position grew
• Net AUD position flipped to short in June (net long hit
13-year high in May)
AUDUSD

(Robert Howard is a Reuters market analyst. The views expressed
are his own)