The Australian dollar was little changed to around $0.693 on Thursday, holding its rebound from a two-month low as investors monitored a high-stakes televised address from US President Donald Trump on the Iran war, while strong domestic trade data supported sentiment. Data showed Australia’s trade surplus more than doubled in February, marking the largest in seven months as gold and farm exports jumped, while imports of gold and data processing equipment eased. Meanwhile, in his address, Trump is expected to declare that the US has met its objectives in Iran and signal a drawdown of the conflict over the next two to three weeks, which could influence global markets. He also signaled earlier that a ceasefire could be considered “when the Strait of Hormuz is open, free, and clear”. Elsewhere, tariff concerns resurfaced as the Trump administration prepared a 25% levy on finished goods containing imported steel and aluminum.