Derived Data That Drive Results
By Krishna K — Dec 26 - 06:35 PM
AUD/USD drifts towards its 2-year low hit last week as US yields stay firm
Expectations that Fed would adopt cautious stance on rates in 2025 weigh
US 10-year yield hits highest since May on Thursday before easing slightly
AUD undermined as RBA signals it is closer to cutting interest rates
Possible RBA-Fed rate divergence in 2025, weak Chinese economy weigh
Thu range 0.6216-0.6253; support 0.6200-05,0.6170, resistance 0.6250, 0.6270
For more click on FXBUZ
Reuters poll - U.S. 10-year Treasury yield forecasts: Click here
Source:
London Stock Exchange Group | Thomson Reuters
