A developer s proposal to build a glampground on the banks of the famous Gallatin River stokes controversy and calls messaging used by American conservation groups about recreation into question
2/26/2021 1:52:14 AM GMT | By Anil Panchal
AUD/USD trims intraday losses after refreshing the weekly low.
RBA jumped bond purchase amid global treasury yield rally, Aussie 10-year coupon rose to April 2019 top.
Aussie Private Sector Credit Eased, S&P 500 Futures stays depressed.
US stimulus talks, PCE data and bond moves will be the key.
AUD/USD bounces off intraday low to 0.7857 during the early Friday. In doing so, the quote also takes a U-turn from the weekly trough while consolidating the initial losses incurred due to the global Treasury yields havoc. Also favoring the pair bears was the RBA’s latest action and Aussie data.