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fxAug 11, 2026, 6:06 AM

AUD/USD Drops Below 0.7050 on RBA Governor Bullock’s Speech

AUD/USD slipped below 0.7050 following RBA Governor Bullock’s speech, extending moderate declines against the US dollar.

AUDUSD

The Australian dollar eased against the greenback on Tuesday, slipping below the 0.7050 handle. The move came as Reserve Bank of Australia Governor Michele Bullock delivered remarks, prompting a modest sell-off in the currency pair.

Market participants parsed Bullock’s comments for clues on the rate outlook. No further details of the speech were immediately available.

Source: FXStreet Forex News