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fxOct 11, 2026, 11:44 PM

AUD/USD Edges Higher Toward 0.7000 as US Sentiment Softens

AUD/USD trades with mild gains around 0.6985 in early Asian trading, supported by a softer US dollar after weak consumer sentiment.

AUDUSD

The Australian dollar traded with mild gains against the US dollar in early Asian trading on Monday, changing hands around 0.6985 and edging toward the 0.7000 level.

Softening US consumer sentiment weighed on the greenback, supporting the pair's move higher. The advance was described as mild, with AUD/USD holding just below the 0.7000 handle.

Source: FXStreet Forex News