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FX Desk

AUD/USD breaks 0.6950 as NASDAQ rout threatens key 0.6900 support

Trade Hub UK briefing (2026-11-05): The Australian Dollar collapsed over 1% on Thursday as risk appetite soured and US tech stocks sold off, while strong US jobs data boosted the US Dollar ahead… Primary source: original at FXStreet (fxstreet.com).

By FXStreet

AUD/USD breaks 0.6950 as NASDAQ rout threatens key 0.6900 support

The Australian Dollar collapsed over 1% on Thursday as risk appetite soured and US tech stocks sold off, while strong US jobs data boosted the US Dollar ahead of Friday’s crucial Nonfarm Payrolls report. The AUD/USD trades at 0.6931, after peaking at 0.7024.

Read at source

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Source: FXStreet