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The Australian dollar traded near a four-week low around $0.71 as surging US Treasury yields and a strong US dollar exerted downward pressure ahead of the Federal Reserve's policy decision, despite s…
The Australian dollar declined to a two-week low near $0.71 as hotter US inflation boosted Federal Reserve rate hike expectations. Despite high odds of an RBA rate hike and elevated crude oil prices,…
The Australian dollar traded below $0.72, near weekly lows as robust US producer inflation and rising Treasury yields strengthened the US dollar. Although escalating oil prices and hawkish RBA hike e…
The Australian dollar consolidated near $0.72 as Middle East geopolitical tensions countered strong domestic rate-hike expectations. Soaring oil prices above $100 per barrel have heightened Australia…
The Australian dollar traded near multi-month highs above $0.72 as hawkish RBA comments boosted September rate hike odds to 69%. While broad US dollar weakness supported the currency, deteriorating d…