The Australian Dollar (AUD) stayed weak against the US Dollar (USD) on Tuesday, as the AUD/USD pair struggled following a surge in US Treasury yields, which rose over 2% on Monday.
The Australia n Dollar declines as the US Dollar gains ground due to rising risk aversion. The hawkish sentiment surrounding the RBA could limit the downside for the AUD. 2-year and 10-year US yields stand at 4.02% and 4.19%, respectively. The Australia n Dollar stayed weak against the US Dollar on Tuesday, as the AUD/USD pair struggled following a surge in US Treasury yields, which rose over 2% on Monday.
6622, last reached on September 11, followed by the psychological level of 0.6600. Resistance may come from the nine-day EMA at 0.6700, followed by the 50-day EMA at 0.6734. A break above this level could open the door for a move toward the psychological resistance of 0.6800. AUD/USD: Daily Chart Australian Dollar PRICE Today The table below shows the percentage change of Australian Dollar against listed major currencies today. Australian Dollar was the weakest against the Japanese Yen.
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