{
  "id": 2249280,
  "title": "Australian Dollar weakens as US yields rebound, PMIs fail to impress",
  "url": "https://urgent.news/2026/08/20/australian-dollar-weakens-as-us-yields-rebound-pmis-fail-to-impress",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-20T23:15:34.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/australian-dollar-weakens-as-us-yields-rebound-pmis-fail-to-impress-202608202315"
  },
  "original_language": "en",
  "account": "The Australian Dollar experienced a decline against the US Dollar on Thursday as US bond yields increased. The US Treasury's announcement of a buyback program did not prevent the bond yields from advancing. The AUD/USD pair dropped to 0.7114, a decrease of 0.14%. The US 30-year yield hovered around 5.25% after reaching a low of 5.178% earlier in the day. The US Dollar Index (DXY) rose slightly to 99.83. The Australian Manufacturing PMI remained unchanged at 52 in August, while the Services PMI slightly decreased to 52.9. Economists noted strong new work in manufacturing despite supply chain challenges and cost concerns. Services showed a softening in expansion rates compared to July. Upcoming US economic data will include Flash PMIs, expected to slow down. The AUD/USD held above the simple moving average and the upward trend line, indicating a bullish near-term tone. Resistance levels are clustered around 0.7300 and 0.7311, with potential further gains if prices break through. Support is found at the current price level near 0.7116, with a stronger support zone at the simple moving average triple at 0.6997 and the shorter-term trend line break at 0.6975.",
  "summary": "The Australian Dollar retreated against the Greenback on Thursday as US bond yields resumed their advance, despite the US Treasury's efforts to cap elevated yields following its announcement of a long-end bond buyback program. The AUD/USD trades at 0.7114, down 0.14%.",
  "key_points": [
    "Australian Dollar weakens to 0.7114 against US Dollar",
    "US bond yields rise despite Treasury buyback program",
    "Australian Manufacturing PMI stays at 52 in August"
  ],
  "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."
}