AUD/USD drifts below 0.6500 with the Dollar picking up ahead of the NFP report
FX traders are paring back their USD short positions ahead of the US NFP release. US Nonfarm Payrolls are expected to show a 130,000 increase in May. A weaker-than-expected reading might heighten hopes of Fed easing and send the USD lower. The Australian Dollar extends losses below 0.6500 on Friday as traders trim their US … Read more