Back to news
05 Aug 2026 · 18:04 GMT+3
9

Australian Dollar climbs as softer US data, improving risk sentiment weigh on USD

AUD/USD trades around 0.7060 on Wednesday at the time of writing, up 0.20% on the day. The pair benefits from broad-based US Dollar (USD) weakness as investors react to softer-than-expected US economic data and improved risk sentiment driven by the latest geopolitical developments.

Trading involves risk. The information above is for reference only and does not constitute investment advice.