AUD/USD advances 0.13% to 0.6980 as a pullback in US Treasury yields weakens the US Dollar, providing a tailwind for the Australian currency.
AUD/USD gains 0.13% as the US Dollar pulls back on easing Treasury yields.
The Australian Dollar climbs to 0.6980 against the US Dollar on Tuesday, supported by a broader retreat in the greenback. Easing US Treasury yields provided the necessary momentum for the pair to post modest gains during the session.
The pair is rising primarily due to a pullback in the US Dollar, which has been pressured by a decline in US Treasury yields.