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21 Aug 2026 · 02:15 GMT+3

Australian Dollar weakens as US yields rebound, PMIs fail to impress

The Australian Dollar retreated against the Greenback on Thursday as US bond yields resumed their advance, despite the US Treasury's efforts to cap elevated yields following its announcement of a long-end bond buyback program. The AUD/USD trades at 0.7114, down 0.14%.

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