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fxJun 5, 2026, 1:22 PM

AUD/USD Slides After Strong US NFP Report

The Australian dollar retreated against the US dollar on Friday after a stronger-than-expected US jobs report boosted the greenback, pushing AUD/USD to around 0.7105, down 0.39%.

AUDUSD

The Australian dollar weakened against the US dollar on Friday, falling to around 0.7105, as a stronger-than-expected US Nonfarm Payrolls report boosted the greenback.

The pair traded 0.39% lower on the day as the US Dollar gained broad support. The upbeat employment data reinforced expectations of a hawkish Federal Reserve, weighing on risk-sensitive currencies like the AUD.

Source: FXStreet Forex News