Since February 22, 2021 interest rates has been in the 2’s up until July 1st. Since July, Interest rates have lowered a tad bit but is continuing to range in the late 1.70’s -1.90’s. The Fed says inflation will be transitory. At the end of the day, we are at historically low interest rate levels and I don’t see how we would go back between the 2’s and 3’s at some point. When interest rates fall, the USD or respective currency’s dollar weakens. Vice versa when interest rates are high, the dollar strengthens. I see interest rising overtime and over powering the AUD’s interest rates. The AUD 10 year is at 1.25% today with a basis on 1.0%.The USD 10 yr yield is sitting at 1.27% with a basis of 1.25%. I see price is trading under my EMA’s and looks ready to test previous supports on the daily chart. Let’s see how this goes! Not financial advice. Just practicing.