💱Australian Dollar/US Dollar FX Spot Rate
AUDUSD
▼ NegativeMonetaryrelevance
Surging US bond yields weigh on AUD/USD, limiting upside.
The Australian Dollar traded marginally higher at around 0.6976 against the US Dollar during the European session on Friday. Surging US bond yields are weighing on the pair, limiting upside potential. The move comes as markets assess the impact of rising yields on risk-sensitive currencies.
Surging US bond yields weigh on AUD/USD, limiting upside.