{
  "id": 19771768,
  "title": "Australian dollar plumbs 10-month lows as US yields keep climbing",
  "url": "https://urgent.news/2026/11/13/australian-dollar-plumbs-10-month-lows-as-us-yields-keep-climbing",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-13T06:48:17.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40448741/australian-dollar-plumbs-10-month-lows-as-us-yields-keep-climbing"
  },
  "original_language": "en",
  "account": "Sydney, Australia experienced a 10-month low for its currency on Friday as US yields continued to rise. The Australian dollar slipped 0.1% to $0.68, after falling as much as 0.6% overnight to $0.6798. This marked the lowest level since late January, breaking critical support at $0.6835. Bears are now watching $0.67 as a potential target. Over the week, the Aussie has dropped 0.8%. The New Zealand dollar also fell 0.1% to $0.5543, nearing a 19-month low of $0.5529. Both currencies have been pressured by a rising US dollar, which is at its highest level since April 2022 due to sharply higher Treasury yields. Markets have increased expectations for a 50-basis-point Federal Reserve rate hike next month to 15%, up from 12% the previous day. The Australian dollar is particularly vulnerable to the steep rise in US yields, according to Sean Callow, a senior FX analyst at ITC Markets. The Reserve Bank of Australia has signaled that its next policy meeting won't be until February, leaving the Aussie exposed. The 2-year yield premium over the US dollar has narrowed to just 3 basis points, down from 36 basis points last week. Meanwhile, the Reserve Bank of New Zealand is expected to raise interest rates by a quarter-point in December, with two more hikes anticipated by the end of next year.",
  "summary": "SYDNEY: The Australian dollar was pinned near a 10-month low on Friday as US yields kept climbing on growing bets of a half-point Federal Reserve hike, while falling commodity prices and fading yield support added to the drag. The Aussie slipped 0.1% to $0.68, after falling as much as 0.6% overnight to $0.6798, the lowest level since late January. It broke critical support at $0.6835, with bears…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}