Falling bond yields pile on more misery for the aussie this week - ConsultFX

Falling bond yields pile on more misery for the aussie this week

The Australian dollar is the weakest performing major currency on the week And this despite the euro's fall-off-the-cliff moment yesterday. Against the greenback, the aussie has fallen by about 1.8% so far. Lackluster data followed by hawkish guidance by the Fed has helped to push AUD/USD lower but we're also seeing positive data out of the