United States Monthly Budget Statement came in at $49B, below expectations ($51B) in January

Feb 12, 2018

AUD/USD extends recovery amid stock market rise

The AUD/USD is up some 30 pips to just under 0.7850. The pair has bottomed out at 0.7809 early in the day and is climbing very gradually. The markets

US 10-year yields resume rises alongside stocks after retreating from 4-year highs

The US 10-year Treasury yield reached a peak of 2.902%, the highest levels in 4 years as inflation expectations continue rising. It then dropped to 2.