Aussie bounces off 2-week high against greenback in week's first session

The Australian dollar fluctuated in a narrowly range against the US dollar during the Asian session, to show its bounce in the second straight session of its highest since March 27th, on Australian economic data and on the eve of The US economy's release developments and economic data expected on Monday.

At 0232 GMT, the AUD/USD dropped 0.09% to 0.7096 compared with the opening at 0.7101, after reaching a high of 0.7113 and a low of 0.7090.

We followed the Australian economy reveal of labor market's preliminary data, with the release of the job index reading, which showed a decline to 1.7% compared to 0.8% in February, which comes before the US economy release of the factory orders index that may show a decrease 0.5% from January's increase by 0.1%.