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fxJul 2, 2026, 8:39 AM

Australian Dollar Consolidates Near 0.6900 Ahead of US NFP

The Australian Dollar traded flat against the US Dollar on Thursday, consolidating after a nearly 4% decline in June, with the pair moving within a 65-pip range ahead of US Nonfarm Payrolls data.

AUDUSD

The AUD/USD pair remains practically flat on Thursday, consolidating losses after depreciating nearly 4% in June. The pair is trading within a roughly 65-pip range, with downside attempts contained at 0.6865 and upside capped below 0.6930.

Traders are now focused on the upcoming US Nonfarm Payrolls (NFP) report, which could provide direction for the Australian Dollar. The current consolidation phase suggests market participants are awaiting fresh catalysts before committing to further moves.

Source: FXStreet Forex News