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Oct 05 - 07:55 AM

AUD/USD - Falls To Intra-Day Low As UST Yields Rise

By Rob Howard  —  Oct 05 - 06:25 AM
  • AUD/USD falls to 0.6461 as greenback benefits from higher UST yields

  • See: nL4N3161H7. 0.6461 = intra-day low (0.6522 was early Europe high)

  • Bids are tipped ahead of 0.6450 (0.6451 was Tuesday's post-RBA hike low)

  • AUD/NZD slid to two-week low of 1.1245 in Asia on hawkish RBNZ hike

  • See: nL1N316026. AUD/NZD was at 1.1415 into dovish RBA hike Tuesday

Source:
Refinitiv IFR Research/Market Commentary

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