RBA’s Debelle: Can see impact of lower AUD on parts of economy, Aussie firmer above 0.68

As the Reserve Bank of Australia (RBA) Deputy Governor Debelle wraps up his testimony alongside Governor Lowe, he says that the RBA can see the impact of the lower AUD on parts of the economy.

Nothing further was reported from him.

Aussie keeps its bid tone intact and stays firmer above the 0.68 handle amid a steady rise in gold prices.

US treasury yield curve flattest since December 2018

The US treasury yield curve, as represented by the spread between the 10-year and two-year bond yields, is currently the flattest since December 2018.
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USD/JPY technical analysis: Upside favored on bullish indicator divergence

USD/JPY is currently trading largely unchanged on the day at 16.02, having hit a low of 105.72 earlier today. The currency pair could rise to 106.30-1
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