Washington: The US dollar fell on Tuesday as investors braced for a possible US government shutdown that would delay the release of the crucial jobs report this week, while the Australian dollar rose after the central bank struck a cautious tone on inflation.
According to Qatar News Agency, the Aussie gained 0.49% to $0.66075 after the Reserve Bank of Australia held rates steady as expected. The broader US currency index has dropped 9.7% this year, settling at 97.928.
The euro was slightly lower at $1.172, while the British pound stood at $1.3436. Benchmark 10-year Treasury yields remained mostly unchanged at 4.142%, after experiencing a drop of 4.6 basis points on Monday. For the month, these yields have decreased by 8.3 basis points.