AUD/USD extends weakness after facing rejection above the 0.75 handle. Selling pressure on the pair mounting on declining bond yields, is trading at session lows by 0.7470. Australian 3 year bond futures trades at record…
AUD/USD extends weakness after facing rejection above the 0.75 handle.
Selling pressure on the pair mounting on declining bond yields, is trading at session lows by 0.7470.
Australian 3 year bond futures trades at record low yield of 1.39 % vs. cash rate of 1.75%, while the Australian 10-year bond yield is down towards 1.88% vs 1.98% yesterday.