The Australian Dollar US Dollar (AUD/USD) exchange rate edged marginally higher on Monday, adding to gains from the previous session. The pair trades at US$0.7284.
The Aussie Dollar is finding support from encouraging job advertisement data. Job ads rose for the third consecutive month in August, advancing 1.6%, after rising 19.1% in July. Australian business investment is due to be released tomorrow.
The US Dollar (USD) trades quietly with low volumes owing to the bank holiday. The mood towards the US Dollar remains upbeat following from an upbeat non-farm payroll report. The unemployment rate fell by more than expected to 8.4%.
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