AUD/USD retreats after hot labour market data from the US

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• The AUD/USD retreated near the 0.6615 area posting more than 0.50% losses.
• The US added nearly 500K jobs in June, and the ISM Services PMI rose to 53.9.
• Rising US yields give the US traction.

At the time of writing the AUD/USD stands at the 0.6615 area, posting a 0.59% loss on the day. In that sense, the DXY index cleared losses as hawkish bets on the Federal Reserve (Fed) strengthened the USD via rising US yields.