USD drifted lower in Tuesday’s session, the US dollar index retracing a good chunk of Mondays gains. Regional bank fears were at the fore, with NYCB continuing its steep decline in an otherwise quiet session news wise. This saw the haven of bonds bid, sending yields lower and dragging the USD down with them. DXY dipping back below its 100 Day SMA. {chart} AUD outperform after a hawkish hold from the RBA in their February meeting on Tuesday. The Aussie Central Bank left rates unchanged as expected, but in a break with other major central banks, that have recently removed their tightening bias messaging, stated that ... (full story)