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Close-up of Euro banknotes in different denominations, symbolizing wealth and finance.
FORECASTSAUG 4, 2026
AUD/USD Rally Faces U.S. Employment Data Test After Yen-Driven Breakout
AUD/USD is consolidating after a sharp move to multi-month highs, with traders now focused on U.S. employment data due later this week. The pair’s next direction may depend on whether labor-market figures support or weaken expectations for a firmer U.S. dollar.
YENFEDERAL-RESERVEAUD-USD