forexAUD/USD Forecast: Bulls Losing ground Below 0.74 as Yields Surge

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AUD/USD Forecast: Bulls Losing ground Below 0.74 as Yields Surge

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AUD/USD continues its retreat from the two-week high and loses its rebound from the intraday low. The US 10-year Treasury yield remains near a three-year high, while Australian bond coupons rose to their highest level since 2018. The sentiment is being pressured downward by the e- crisis and the Fed’s dovish stance. Fed policymakers said … Continued

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