The Australian Dollar fell 0.5% as traders took profits before key central bank and economic releases next week.
AUD/USD declined 0.5% on Thursday, pulling back from a four-year high near 0.7280 reached earlier in the session. The pair had tested levels last seen in June 2022 but lost momentum as the trading day progressed.
The retreat came ahead of next week’s Reserve Bank of Australia minutes and Chinese economic data, which could influence policy expectations. Recent gains had been driven by optimism over domestic and regional growth prospects.
No immediate market reaction was reported, with traders awaiting fresh catalysts from upcoming releases.