AUD/USD is buoyed by an improved risk sentiment and a sluggish US economic calendar.
Wall Street opens higher, influencing currencies despite a slight increase in the US Dollar Index.
Upcoming Australian employment data could impact AUD strength, with forecasts suggesting modest job growth.
The Australian Dollar makes a U-turn and rises against the US Dollar in early trading during the North American session, gaining 0.33% amid an improvement in risk appetite. A scarce economic calendar in the United States (US) and hawkish comments from Federal Reserve Chair Jerome Powell failed to boost the Greenback. The AUD/USD trades at 0.6423.
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