AUD/USD jumps to near 0.7040 ahead of US NFP data
The post AUD/USD jumps to near 0.7040 ahead of US NFP data appeared on BitcoinEthereumNews.com.
The AUD/USD pair trades 0.4% higher to near 0.7040 during the Asian trading session on Friday. The Aussie pair demonstrates strength as the Australian Dollar (AUD) outperforms across the board on expectations that the Reserve Bank of Australia (RBA) could deliver another interest rate hike soon. Australian Dollar Price Today The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies today. Australian Dollar was the strongest against the US Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD -0.12% -0.08% -0.05% -0.06% -0.38% -0.19% -0.08% EUR 0.12% 0.04% 0.07% 0.06% -0.26% -0.07% 0.03% GBP 0.08% -0.04% 0.04% 0.02% -0.30% -0.11% -0.01% JPY 0.05% -0.07% -0.04% -0.01% -0.33% -0.15% -0.04% CAD 0.06% -0.06% -0.02% 0.00% -0.33% -0.14% -0.02% AUD 0.38% 0.26% 0.30% 0.33% 0.33% 0.19% 0.29% NZD 0.19% 0.07% 0.11% 0.15% 0.14% -0.19% 0.10% CHF 0.08% -0.03% 0.00% 0.04% 0.02% -0.29% -0.10% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Australian Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent AUD (base)/USD (quote). In February’s policy meeting, the RBA hiked its Official Cash Rate (OCR) by 25 basis points (bps) to 3.85%, and Governor Michele Bullock clarified that monetary conditions were needed to tighten as risks to inflation are tilted to the upside. Meanwhile, surging oil prices due to the war in the Middle East that involves the United States (US), Israel, and Iran have prompted expectations of an RBA interest rate hike in the near term. According to a report from Reuters, there is a 33% chance that the RBA…
Filed under: News - @ March 6, 2026 3:19 am