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fxJul 10, 2026, 2:25 AM

AUD/USD Rises to Near 0.6950 on RBA Hawkish Stance

The Australian Dollar edged higher to around 0.6950 against the US Dollar during Asian trading on Friday, supported by hawkish comments from the Reserve Bank of Australia.

AUDUSD

The AUD/USD pair attracted buyers during Asian trading on Friday, climbing toward the 0.6950 level. The Australian Dollar strengthened against the US Dollar as hawkish rhetoric from the Reserve Bank of Australia provided support.

Market participants are reacting to the RBA's firm tone, which contrasts with a more cautious outlook from other central banks. The move higher reflects increased demand for the Aussie amid expectations that the RBA may maintain or tighten its policy stance.

Source: FXStreet Forex News