AUD/USD edges up to 0.6539 after US producer inflation hints at easing pressures.
US Jobless Claims drop, indicating a resilient labor market despite mixed economic signs.
Federal Reserve officials express concerns over inflation trends, influencing market expectations about the timing and extent of future rate cuts.
The Australian Dollar recovered some territory against the US Dollar yet fell shy of reclaiming key technical resistance levels after Thursday’s US inflation data capped the Greenback's advance. As the Asian session begins, the AUD/USD trades at 0.6539, up by a minimal 0.02% at the time of writing.
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