Australian Dollar falls to two-month low after hot US PPI and steady jobless claims

Source Summary

The AUD/USD pair trades near the 0.6980 level on Thursday, hovering near a two-month low as the Australian Dollar (AUD) remains pressured by cautious market sentiment and renewed US Dollar (USD) demand. At the time of writing, the pair trades at 0.6994, down 0.15% on the day.