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AUD/USD fell after Federal Reserve officials sent a hawkish signal that they would not cut interest rates immediately.
U.S. economic indicators strengthened, with the Philadelphia Fed manufacturing index hitting its highest level since April 2022.
Australian employment data was disappointing, with fewer jobs and a slight increase in the unemployment rate, clouding the outlook for the Reserve Bank of Australia’s policy.
AUD/USD is on the defensive after the opening of the Asian market on Friday. AUD/USD fell 0.21% on Thursday as Federal Reserve officials stressed there was no rush to ease policy. As of press time, AUD/USD was trading at 0.6419.
