**AUD/USD Struggles to Find Footing as Multiple Headwinds Persist; Key US Jobs Data Awaited**
The Australian Dollar continues its downward pressure against the US Dollar, extending losses into a fourth consecutive trading session. The pair hovers near 0.6630, reflecting weakness that translates to roughly 6,630 USD when converting 1,000 AUD at current rates—a meaningful dip from stronger levels.
**What's Dragging the AUD Lower**
Several interconnected factors have combined to pressure the currency. The latest Australian employment report disappointed expectations last week, failing to provide
The Australian Dollar continues its downward pressure against the US Dollar, extending losses into a fourth consecutive trading session. The pair hovers near 0.6630, reflecting weakness that translates to roughly 6,630 USD when converting 1,000 AUD at current rates—a meaningful dip from stronger levels.
**What's Dragging the AUD Lower**
Several interconnected factors have combined to pressure the currency. The latest Australian employment report disappointed expectations last week, failing to provide