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via fxstreet.comMarkets

Australian dollar slips for second consecutive day on hawkish Fed and elevated US yields

FROM THE WIRE · FXSTREET.COM

AUD/USD extends its decline for the second consecutive day on Thursday, trading around 0.6950, down 0.20% on the day at the time of writing.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishAUD/USD declines to 0.6950 as hawkish Fed stance and elevated US yields support the dollar.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01AUD/USD extended decline for second consecutive day, trading around 0.6950.
  2. 02The pair was down 0.20% on the day at time of writing.
  3. 03Hawkish Fed stance and elevated US yields continue to support the US dollar.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Australian Dollar/US Dollar FX Spot RateAUDUSDFX pair0.6958+0.07%today -0.05%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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