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fxJul 2, 2026, 4:19 PM

AUD/USD Climbs Near 0.6930 on Weak US Jobs Data

The Australian Dollar rallied against the US Dollar after weaker-than-expected US labor market data pressured the greenback.

AUDUSD

The AUD/USD pair rose to around 0.6930 on Thursday, supported by a declining US Dollar. The move followed the release of softer-than-expected US Nonfarm Payrolls data, which weighed on USD sentiment.

Traders are now monitoring further economic indicators for direction, but the immediate catalyst remains the disappointing labor market figures from the United States.

Source: FXStreet Forex News