AUD Hits Lowest Level Since March on Strong US Jobs Data and AI Stock Rout

Key Facts

The Australian Dollar fell to its lowest level since March during trading on Friday, November 6, 2026. This decline was driven by robust US Non-Farm Payrolls data and a rout in AI-led technology stocks, which intensified selling pressure on the currency.

The AUD/USD pair was trading around 0.6910 on November 6, 2026, following losses of over 1% in the previous session. This downward movement occurred despite the RBA's interest rate hike to 4.85% on November 3, 2026, as US Dollar strength and a tech-sector sell-off overshadowed Australia's positive trade balance of 2.826 billion.

The Westpac Consumer Confidence Index is scheduled for release on November 9, 2026, followed by the NAB Business Confidence report on November 10, 2026, as markets assess the impact of global volatility on the domestic economy.