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AUD Rises as USD Struggles for Direction

M. Ali 8 February, 2021 8:00 pm Forex Market, Market Update

The Australian Dollar (AUD) is showing a positive performance against the U.S. Dollar (USD) at the beginning of the second week of February, as the latter continues to be negatively impacted by the recent job data report in the United States.

Early in the American session on Monday, the AUD/USD pair is trading higher for the day by 0.29% at 0.7700.

The pair has been moving today in a range between 0.7651 and 0.7715, after closing last week at 0.7678.

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