Dollar on back foot as US yields, crude prices dip; Aussie buoyed by hawkish RBA

· economictimes.indiatimes.com

The US dollar is facing downward pressure with both Treasury yields and crude oil prices on the decline. Meanwhile, the Australian dollar is nearing a three-week high, buoyed by supportive remarks from Reserve Bank of Australia Deputy Governor Andrew Hauser. Wall Street had a robust session as technology earnings began with results from SpaceX.

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