AUD News 

AUD/USD runs into key near-term resistance as focus turns towards US payrolls

“That said, I would not expect risk assets to rally too much given a potential for the tides to turn following the release of the US payrolls” reports However, even if risk suffers later on in the day, AUD/USD may not necessarily be hammered outright.Looking at the bigger picture, the 0.7000 handle remains a key psychological handle and will be one that gets called into question again if risk turns sour later. Something to consider as we get closer towards the US payrolls later in the day.Markets will be tuned in to the US jobs report later and that will be the key determinant of risk sentiment as we close out the week.

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