ForexMedium•6 November 2026•
1 min read
AUD Hits 7-Month Low Against USD Ahead of US Nonfarm Payrolls
Key Facts
1The AUD/USD pair hit a fresh seven-month low of 0.6862 during European trade on Friday.
2The Australian Dollar is facing intense selling pressure ahead of the release of US Nonfarm Payrolls data.
The AUD/USD pair hit a fresh seven-month low of 0.6862 during European trade on Friday, November 6, 2026. FXStreet reported that the Australian Dollar is facing intense selling pressure as markets position themselves ahead of the release of the US Nonfarm Payrolls data.
The decline follows a period of US Dollar strengthening and anticipation of the labor market report, which is expected to show 56K jobs added. Recent economic data showed Australia's Balance of Trade recorded a surplus of 2.826 billion on November 5, 2026, while US Initial Jobless Claims fell to 189K on the same date.