Gold Research
Australian Dollar tests 200-day SMA amid soaring US yields
The Aussie Dollar fell for the third straight day, down 0.37% against the US Dollar, which remained boosted by elevated US yields, which jumped as Oil prices…
The Aussie Dollar fell for the third straight day, down 0.37% against the US Dollar, which remained boosted by elevated US yields, which jumped as Oil prices rose and as inflation pressures built. The AUD/USD trades at 0.7012, near the 200-day Simple Moving Average (SMA) of 0.7021.
Gold impact rationale
A weaker U.S. dollar typically supports dollar-denominated gold.
- Source: FXStreet news
- 2026-09-24
- dollar
Topics: gold news, gold price impact, dollar