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AUD/USD MODESTLY GAINS DURING FRIDAUY’S ASIAN SESSION, TRADES EYE US NFP

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  • Aussie Dollar gains on cooling US job market signs, amid geopolitical tension.
  • Fed's mixed signals reflect caution in policy easing, considering inflation, growth.
  • Australian trade, US job data ahead, crucial for AUD/USD direction amid global economic scrutiny.

The Australian Dollar posted solid gains of more than 0.30% on Thursday against the Greenback after economic data from the United States (US) indicated the labor market is cooling. Federal Reserve’s officials crossed the newswires, giving mixed signals, despite agreeing they would ease policy at some point. The AUD/USD trades at 0.6582 as Friday’s Asian session begins.


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