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fxOct 4, 2026, 11:22 PM

AUD/USD edges higher toward 0.6955 on soft US jobs data

The Australian dollar is firmer against the US dollar in early Asian trading after weaker-than-expected US jobs data pressured the greenback.

AUDUSD

AUD/USD is trading around 0.6955 in the early Asian session, holding above the 0.6950 level.

Weaker-than-expected US jobs data has weighed on the US dollar, supporting the Australian dollar. The pair edged higher as markets assessed the softer US labour market signal.

Traders are now looking to the US ISM Services PMI report due later for the next directional cue.

Source: FXStreet Forex News