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01 Sept 2026 · 15:44 GMT+3

Australian Dollar retreats as rising US yields overshadow upbeat Chinese PMI

AUD/USD declines 0.29% on Tuesday, trading around 0.7145 at the time of writing. The Australian Dollar (AUD) struggles to retain the momentum initially generated by encouraging Chinese economic data, while the US Dollar (USD) benefits from rising US Treasury yields.

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