# Australian Dollar Edges Lower to Near 0.6850 on Robust US Jobs Data

> 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.

- Date: 2026-11-08 · published 2026-11-09T03:10:47.357Z
- Category: macro · region Australia, United States · magnitude low
- Page: https://feedsoft.ai/events/88562-australian-dollar-edges-lower-to-near-0-6850-on-robust-us-jobs-data
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Stronger US employment data increased expectations of further Fed tightening, supporting the US dollar and weighing on AUD/USD despite the RBA hike.

## Read by commodity

- AUDUSD: bearish ▼

## Sources

- mitrade.com: https://www.mitrade.com/au/insights/news/live-news/article-6-2239843-20261109

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
