New york: The US dollar fell today 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 Oman 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 dropped 9.7% this year, at 97.928. The euro was a shade lower at $1.172, while sterling was at $1.3436. Benchmark 10-year Treasury yields were little changed at 4.142%, after dropping 4.6 bps on Monday. They have dropped 8.3 bps for the month.