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fxJun 4, 2026, 3:33 PM

AUD/USD Trims Gains After RBA Bullock's Hawkish Remarks

The Australian dollar pulled back from intraday highs after Reserve Bank of Australia Governor Michele Bullock struck a hawkish tone, while stronger US labor data lifted the greenback.

AUDUSD

The AUD/USD pair eased to around 0.7140 on Thursday, paring earlier gains. The move followed hawkish comments from Reserve Bank of Australia Governor Michele Bullock, though the US dollar regained traction after the latest US labor market data.

Traders are now weighing the implications of Bullock's rhetoric against the stronger-than-expected US jobs figures, which have supported the dollar.

Source: FXStreet Forex News