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USD Firmer Amid Higher Yields and Weaker Equities

FOREX

Lower Equity Futures and firmer US Treasury Yields are aiding the USD this morning as the greenback marginally extends today's gains, BBDXY is up ~0.1%.

  • AUD/USD is pressured down ~0.2%, and is currently the weakest performer in the G-10 space at the margins. The pair is dealing a touch below the $0.69 handle, despite a hawkish tilt in the RBA minutes which provided confirmation that the Board considered a 25bp or 50bp interest rate increase earlier this month, but not a pause.

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