**AUD/USD Rally Fades Despite Strong GDP Data as USD Holds Firm on Hawkish Signals** *By Mitrade News Desk*
Despite stronger-than-expected Q2 GDP growth in Australia, AUD/USD failed to gain traction as a hawkish Fed and rising US Treasury yields bolstered the US Dollar. Diverging rate expectations and risk-off sentiment continue to weigh on the Aussie’s outlook.
