AUD/USD Rises 0.75% as US Dollar Weakens Ahead of Inflation Data
Key Facts
The AUD/USD pair rose 0.75% to trade around 0.6915 on Monday, November 9, 2026. FXStreet reported that the Australian Dollar's rebound was supported by a broad decline in US Dollar strength as traders focused on upcoming US inflation data.
The recovery in the AUD occurred as investors took profits on long US Dollar positions, providing a relief rally for commodity-linked currencies. This price action follows US economic data from November 6, 2026, which showed the unemployment rate holding at 4.1% and private nonfarm payrolls increasing by 159,000.
Market attention now turns to US inflation figures scheduled for release on November 10, 2026, with the annual inflation rate forecasted at 3.9%. Several Federal Reserve officials, including Waller, Logan, and Bowman, are also scheduled to deliver speeches on the same day.