AUD/USD trades slightly lower on Tuesday, hovering around 0.6530 at the time of writing, down 0.15% on the day. After reaching a weekly high at 0.6540 on Monday, the pair is consolidating amid hesitant market sentiment.
For the four weeks ending October 25, private employers shed an average of 11,250 jobs a week, the Automatic Data Processing (ADP) reported on Tuesday.
The Australian Dollar (AUD) declines against the US Dollar (USD) on Tuesday after two days of gains. The AUD/USD pair weakens as the US Dollar (USD) receives support from growing hopes for a potential deal to end the United States (US) federal government shutdown in the coming days.