The Australian dollar held steady to around $0.655 on Friday, halting a nearly two-week low touched the previous day, as investors weighed RBA Governor Michele Bullock’s cautious remarks. She reiterated the central bank’s concern over sticky inflation and emphasized that policy decisions will depend on incoming economic data. Monthly jobs data are due next week, with third-quarter consumer price figures expected later this month. Markets now priced in only about a 52% chance of a quarter-point rate cut at the RBA’s November meeting. Meanwhile, the Aussie remained on track for modest weekly losses, pressured by a broadly firmer US dollar, driven by weakness in other major currencies. However, divergent RBA-Fed policy outlooks could support the AUD, as markets priced in a high likelihood of Fed rate cuts in October and December amid US labor market concerns.