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News 2026-10-02 02:38 UTC

Aussie Dollar Heads for 4th Weekly Loss

The Australian dollar was little changed below $0.70, trading near multi-month lows as the greenback extended its bull run on surging US Treasury yields. The Aussie is heading for a fourth straight week of losses despite the Reserve Bank of Australia raising its cash rate to a 15-year high of 4.6% in September, as inve