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Share: The Australian Dollar (AUD) weakened modestly in February against the US Dollar (USD) from 0.6596 to 0.6503. Economists at MUFG Bank analyze Aussie’s outlook. Gradual appreciation beyond short-term risks The increased prospects of a soft landing for the global economy help provide support for

Treasuries saw some strength during trading on Wednesday, extending the strong upward move seen in the previous session. Bond priced moved higher early in the session and remained firmly positive throughout the day. As a result, the yield on the benchmark ten-year note, which moves opposite of its p