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fxJul 24, 2026, 3:11 PM

AUD/USD Rises Near 0.6990 After Mixed US PMIs

The Australian Dollar edged higher against the US Dollar on Friday, trading near 0.6990, as the greenback struggled for direction after mixed US business activity data.

AUDUSD

The Australian Dollar gained ground against the US Dollar on Friday, with AUD/USD recovering from an earlier dip to trade near the 0.6990 level.

The move came as the US Dollar failed to sustain clear momentum following the release of mixed US Purchasing Managers' Index (PMI) data. Market participants are now digesting the implications for the Federal Reserve's policy path.

Source: FXStreet Forex News