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fxJun 25, 2026, 2:59 PM

AUD/USD Steady Near 0.6900 as US PCE Data Bolsters Fed Caution

The AUD/USD pair held near 0.6900 on Thursday, trading muted as the US dollar pulled back after PCE inflation data reinforced expectations of cautious Fed policy, while geopolitical risks added uncertainty.

AUDUSD

The AUD/USD pair traded near 0.6900 on Thursday, remaining subdued as the US dollar pulled back after markets digested the latest US PCE inflation figures. The data reinforced expectations that the Federal Reserve will maintain a cautious stance, limiting any significant dollar weakness.

Fresh geopolitical risks further weighed on sentiment, capping upside for the Aussie. Traders remain cautious amid ongoing tensions in the Strait region, which could impact risk appetite and commodity-related currencies like the Australian dollar.

Source: FXStreet Forex News