The Australian dollar held below $0.71 after dropping nearly 2% in the previous week to hit a two-month low, pressured by a stronger US dollar. A robust US labor market report reinforced expectations that the Federal Reserve will raise interest rates this year, boosting the greenback more than 1% last week. Rising tensions in the Middle East and a fragile peace deal between the US and Iran also supported the safe-have currency, which further weighed on the risk-sensitive Aussie. Meanwhile, a slightly hawkish tone from the Reserve Bank of Australia could help cushion more losses in the AUD. RBA Governor Michele Bullock reiterated last week that the central bank remains firmly focused on bringing inflation down, following three rate hikes earlier this year that lifted the cash rate to 4.35%. She also noted that inflation remains too elevated, stressing that the board will take whatever measures it deems necessary to fulfill its mandate of achieving price stability and full employment.

The AUD/USD exchange rate rose to 0.7043 on June 9, 2026, up 0.06% from the previous session. Over the past month, the Australian Dollar has weakened 2.85%, but it's up by 7.99% over the last 12 months. Historically, the Australian Dollar reached an all time high of 1.49 in December of 1973. Australian Dollar - data, forecasts, historical chart - was last updated on June 9 of 2026.

The AUD/USD exchange rate rose to 0.7043 on June 9, 2026, up 0.06% from the previous session. Over the past month, the Australian Dollar has weakened 2.85%, but it's up by 7.99% over the last 12 months. The Australian Dollar is expected to trade at 0.71 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 0.72 in 12 months time.



Crosses Price Day Year Date
AUDUSD 0.7046 0.0007 0.09% 8.03% Jun/09
EURAUD 1.6369 -0.0008 -0.05% -6.55% Jun/09
GBPAUD 1.8931 -0.0011 -0.06% -8.54% Jun/09
AUDNZD 1.2133 0.0003 0.02% 12.45% Jun/09
AUDJPY 112.8760 0.1200 0.11% 19.48% Jun/09
AUDCNY 4.7777 0.0017 0.04% 1.90% Jun/09
AUDCHF 0.5623 0.0004 0.08% 4.78% Jun/09
AUDCAD 0.9830 0.0005 0.05% 10.25% Jun/09
AUDMXN 12.2919 -0.0049 -0.04% -0.94% Jun/09
AUDKRW 1,077.1586 2.3104 0.21% 22.06% Jun/09
AUDIDR 12,807.7883 3.5657 0.03% 20.75% Jun/09
AUDARS 1,017.6999 -0.4985 -0.05% 31.78% Jun/09
AUDCZK 14.7627 -0.0033 -0.02% 4.37% Jun/09
AUDDKK 4.5612 -0.0022 -0.05% 7.16% Jun/09
AUDHUF 217.0338 -0.0631 -0.03% -5.37% Jun/09
AUDMYR 2.8650 0.0132 0.46% 3.93% Jun/09
AUDINR 67.3376 0.1356 0.20% 20.67% Jun/08
AUDBRL 3.6585 0.0079 0.22% 1.37% Jun/08
AUDRUB 51.6254 -0.3250 -0.63% 0.29% Jun/08
 Currencies
 AUD...
 ...AUD



Related Last Previous Unit Reference
Australia Inflation Rate 4.20 4.60 percent Apr 2026
United States Inflation Rate 3.80 3.30 percent Apr 2026
United States Fed Funds Interest Rate 3.75 3.75 percent May 2026
Australia Interest Rate 4.35 4.10 percent May 2026
United States Unemployment Rate 4.30 4.30 percent May 2026
Australia Unemployment Rate 4.50 4.30 percent Apr 2026

Australian Dollar
The AUDUSD spot exchange rate specifies how much one currency, the AUD, is currently worth in terms of the other, the USD. While the AUDUSD spot exchange rate is quoted and exchanged in the same day, the AUDUSD forward rate is quoted today but for delivery and payment on a specific future date.
Actual Previous Highest Lowest Dates Unit Frequency
0.70 0.70 1.49 0.48 1971 - 2026 Daily

News Stream
Australian Dollar Pressured at 2-Month Low
The Australian dollar held below $0.71 after dropping nearly 2% in the previous week to hit a two-month low, pressured by a stronger US dollar. A robust US labor market report reinforced expectations that the Federal Reserve will raise interest rates this year, boosting the greenback more than 1% last week. Rising tensions in the Middle East and a fragile peace deal between the US and Iran also supported the safe-have currency, which further weighed on the risk-sensitive Aussie. Meanwhile, a slightly hawkish tone from the Reserve Bank of Australia could help cushion more losses in the AUD. RBA Governor Michele Bullock reiterated last week that the central bank remains firmly focused on bringing inflation down, following three rate hikes earlier this year that lifted the cash rate to 4.35%. She also noted that inflation remains too elevated, stressing that the board will take whatever measures it deems necessary to fulfill its mandate of achieving price stability and full employment.
2026-06-08
Australian Dollar Hits 7-week Low
AUDUSD decreased to 0.71, the lowest since April 2026. Over the past 4 weeks, Australian Dollar US Dollar lost 2.13%, and in the last 12 months, it increased 9.12%.
2026-06-05
Aussie Heads for Heavy Weekly Loss
The Australian dollar fell to around $0.711, touching a two-week low and on track for a weekly drop of roughly 1%, as an ongoing stalemate in Middle East tensions weighed on risk appetite, while the Reserve Bank signaled a wait-and-see approach. The central bank has already delivered three hikes this year, and Governor Michele Bullock said the rate increases are starting to filter through the economy. However, she reiterated that inflation remains elevated and policymakers will remain alert to persistent price pressures. Markets expect the RBA to stand pat in June, with about a 50% odds of another hike in August and full pricing for a move by December. Investors now watch any shift in tone as Deputy Governor Andrew Hauser is due to speak later today, although expectations are he will reinforce a steady policy stance. Broader sentiment was further hit by a fragile US-Iran ceasefire, reports of stalled negotiations, and a pullback in AI-linked trades, weighing on the risk-sensitive AUD.
2026-06-05