AUD/USD dips pressured by rising US Treasury yields
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The Australian Dollar (AUD) tumbles sharply against the US Dollar (USD) as US Treasury yields climb and the Greenback (USD) posts solid gains of more than 0.50% via the US Dollar Index (DXY). Expectations that the US Federal Reserve (Fed) would cut rates in the year had been tempered, a headwind for the AUD/USD pair, […]