Australian Dollar holds above 0.70 as RBA hike becomes a done deal

The Aussie Dollar dives 0.10% versus the US Dollar as market sentiment deteriorates amid fading US-Iran peace hopes, pushing US bond yields higher while US equity markets fall. Also, price action remained subdued, ahead of the Reserve Bank of Australia (RBA) monetary policy decision.

Gold impact rationale

Rising U.S. Treasury yields increase bonds' relative appeal and pressure gold.

• Source: FXStreet news
• 2026-09-28
• yields

Topics: gold news, gold price impact, yields