US FX WRAP: Dollar trims ISM Manufacturing strength seen on Monday; AUD outperforms after hawkish RBA hike
The US dollar's recent pullback indicates that the ISM Manufacturing data, which initially suggested strength, may not have firmly altered the outlook for USD.
Iran says planning has been carried out to hold negotiations with the US over the coming days
Iran’s foreign ministry spokesperson says consultations for venue of talks with the US are underway, Nour News reports
US FX WRAP: Dollar trims ISM Manufacturing strength seen on Monday; AUD outperforms after hawkish RBA hike
TREASURY WRAP: T-NOTE FUTURES (H6) SETTLE UNCH. AT 111-19
Iran's Tasnmin News Agency says connection with drone in international waters was lost, reason for connection lost unknown
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Meanwhile, the Australian dollar's outperformance following a hawkish RBA hike signals a shift in market sentiment that favors higher yields, potentially impacting the broader FX landscape as traders reassess rate trajectories across regions.
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