Australian Dollar plunges against US Dollar ahead of US NFP data

FXStreet · Sagar Dua ·

The Australian Dollar (AUD) faces intense selling pressure against the US Dollar (USD) on Friday. In the European trade, the AUD/USD pair posted a fresh seven-month low at 0.6862.

Australian Dollar tumbles against the US Dollar to near 0.6862 as the latter outperforms.Global AI rout has improved the safe-haven demand of the US Dollar.Investors keenly await the US NFP data for September.The Australian Dollar (AUD) faces intense selling pressure against the US Dollar (USD) on Friday. In the European trade, the AUD/USD pair posted a fresh seven-month low at 0.6862.The Aussie pair falls sharply as the US Dollar outperforms due to an improvement in demand for safe-haven assets amid global sell-off in Artificial Intelligence (AI) infrastructure stocks.

US Dollar Price Today

The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the New Zealand Dollar.

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