US President-elect Trump’s proposed policies may trigger a further upside movement on longer-term US Treasury yields. A break above the 4.49% on the US Treasury yield may see a further potential rally towards 5.20%. A further reduction of the 2-year and 10-year yield spread between the Australian government sovereign bonds and US Treasuries may put further downside […]
The post AUD/USD: “Trump Trade” Overshadowed Cautiously Hawkish RBA, At Risk of Further Downside appeared first on Action Forex.
