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News 2026-10-09 01:24 UTC

Australian Dollar Set for 1st Weekly Gain in Five

The Australian dollar edged up toward US$0.70, trading above multi-month lows as a sharp decline in US Treasury yields weighed on the greenback. A rally in US government bonds pulled yields back from a 24-year peak, offering some relief to global markets after weeks of heavy selling. The drop in yields helped the Aussi