AUDUSD
The Australian Dollar weakened against the US Dollar on Thursday, paring back gains from the previous session. I tade at fxopen.com/en The AUD/USD pair came under renewed pressure following the release of disappointing employment data from Australia, which strengthened expectations of a more dovish stance from the Reserve Bank of Australia (RBA).
According to the Australian Bureau of Statistics, the seasonally adjusted Employment Change for June stood at just 2,000 jobs, a modest recovery from the 2,500 decline in May but well below the forecast of a 20,000 increase. Meanwhile, the Unemployment Rate edged higher to 4.3%, up from 4.1% previously and above the market consensus of 4.1%.
Earlier, the pair had gained some traction amid improved market sentiment following comments from former US President Donald Trump in an interview with the Real America's Voice network. Trump stated that he would prefer Federal Reserve Chair Jerome Powell to resign but acknowledged that such a move could disrupt financial markets if initiated by the president.
Posted Jul 17, 2025, 8:27 AM UTC