AUD/USD Little Lower, Australian Unemployment Improves

AUD/USD is trading at 0.7711, down 0.0009. Australia's Bureau of Statistics (ABS) reported that Australian unemployment fell to 5.7 percent in January from 5.8 percent in December. The Australian economy gained 13,500 jobs after creating 16,300 jobs in January and the participation rate declined to 64.6 percent from 64.7 percent.