AUD/USD rises towards 0.7250 on strong jobs report but yields test bulls By anilpanchal7 AUDUSD Employment RiskAppetite YieldCurve Fed
s the early Asian losses to print the second consecutive positive day even if the US Treasury yields regain upside momentum.
It’s worth noting that optimism surrounding the Omicron peak to hit in late January also favors the AUD/USD bulls. and probe the AUD/USD bulls. Additionally, US President Biden’s praise to Fed Chair Jerome Powell’s style indirectly favors the Fed hawks and propels the US Treasury yields, which in turn weigh on the Aussie prices.That said, the US 10-year Treasury yields remain firmer around 1.85% whereas the S&P 500 Futures struggle for clear direction.
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