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Dollar slips from 17-month highs ahead of US nonfarm payrolls
AUD/USD rebounded toward 0.6950 as traders took profit on the prior dollar run.
The US dollar retreated from 17-month highs as traders took profit ahead of the upcoming US Nonfarm Payrolls report, according to FXStreet.
In the Asian session, AUD/USD rebounded toward 0.6950 on fresh US dollar supply, while the Australian dollar drew support from renewed expectations for a November interest rate hike, FXStreet noted.
FXStreet also cited USD/JPY as struggling for fresh impetus, with the dollar weakening after earlier gains tied to Fed related expectations shifting toward a lower chance of an October hike.
Latest closeUSD/JPY 157.40 ▲0.0%