USD Rallies as Yields Rise; AUD, NZD Hit Lows on Broad Greenback Strength

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Forex Market 

USD: Broad Gains as Yields Rise
The dollar strengthened across the board, with Treasury yields and oil prices rising.

  • AUD/USD traded in a 0.6513–0.6586 range, closing near 0.6516.
  • NZD/USD dropped to 0.5967 amid broad USD strength.
  • EUR/USD slid to fresh lows near 1.1585.
  • GBP/USD made lows of 1.3352, drifting lower with risk sentiment.
  • USD/JPY pushed higher to 148.58.

 

AUD: Drifts Lower on USD Strength
AUD/USD touched session lows as broad USD strength prevailed during NY hours.

 

 

Key Economic Data Ahead (Sydney Time)

 

General Market

Wall Street
Wall St. was steady with mixed moves:

  • Dow Jones -0.1%
  • S&P 500 unchanged
  • Nasdaq +0.3%

U.S. 10-year yields rose to 4.41%; Brent crude gained 2.9% to $70.40/bbl.

Asia-Pacific

  • Hang Seng +0.7%, Shenzhen +0.2%, Nikkei -1.1%
  • ASX +0.4% (communications +1.0%, financials +0.9%)

Europe

  • Stoxx +0.8%, CAC +0.5%, DAX +0.2%, FTSE +0.1%
  • UK 10-yr Gilt yield fell to 4.61%
  • Brent crude rose to $68.90/bbl

Headlines to Watch

  •  USD Strength – Broad gains in NY session; EUR and AUD hit fresh lows.
  • Trump Comments – President says Fed must cut rates; adds tariff remarks.
  • Ceasefire Talks – Thailand and Cambodia reportedly reached ceasefire agreement.
  • Dallas Fed Manf. Activity – Surprised at +0.9 (vs. -9.5 expected).

 

Mid-market rates

Currency PairMid-market Rate
AUD/USD0.6518
AUD/NZD1.0919
AUD/JPY96.79
AUD/CNY4.6771
AUD/EUR0.5623
AUD/GBP0.4881
AUD/HKD5.1176

 

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