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AUD/USD edged lower after US October payrolls increased by 165,000, well above expectations, and unemployment declined to 4.1%. The RBA had recently raised its cash rate by 25 basis points to 4.85%, its highest level since 2008.
Stronger US employment data increased expectations of further Fed tightening, supporting the US dollar and weighing on AUD/USD despite the RBA hike.
mitrade.comFxstreetNov 8, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
