TEN Year Treasury Yield

AUD/USD eased from this week’s high as traders assessed potential policy divergence between the Federal Reserve and the Reserve Bank of Australia. Technical signals suggest the pair may struggle to extend gains unless it clears nearby resistance.

U.S. headline inflation matched expectations in August, but core CPI rose faster than economists had forecast. The data sharpened expectations for a potential Federal Reserve rate hike next week and triggered a modest pullback in bitcoin.