The daily print, however, shows an easing bearish bias with the -0.25 level for Wednesday, versus the -0.150 figure for the previous day.
That said, risk-off mood and firmer US Treasury yields are the key catalysts that seem to weigh on the AUD/USD prices of late. However, cautious optimism by the Aussie policymakers and an absence of major data/events seem to limit the pair’s further downside.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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