Australian Dollar Near 10-Month Low as US Yields Climb
The Australian dollar slipped 0.1% to $0.68 after falling as much as 0.6% overnight. US yields climbed amid growing bets on a half-point Federal Reserve hike, while falling commodity prices and fading yield support added to the drag.
The Australian dollar was pinned near a 10-month low on Friday as US yields kept climbing on growing bets of a half-point Federal Reserve hike, while falling commodity prices and fading yield support added to the drag.The Aussie FX:AUDUSD slipped 0.1% to $0.68, after falling as much as 0.6% overnig…