The Australian dollar extends losses for a second day amid broad USD strength, falling toward mid-0.7100s.
The AUD/USD pair fell sharply for a second consecutive session on Friday, breaking below the 0.7200 level and hitting its lowest point in over a week. The decline pushed the currency pair closer to the mid-0.7100s amid persistent strength in the US dollar.
The move follows a broader trend of USD appreciation, with the Australian dollar under pressure as investors assess relative monetary policy outlooks. The pair had previously traded near 0.7250 earlier in the week before accelerating losses.
No immediate market reaction data was provided, but the shift reflects ongoing adjustments in forex markets as traders weigh economic indicators and central bank signals.