The Australian dollar has dropped slightly against its US counterpart during the first day trading of the week, as the Australian economy released its report to show the job advertisement in April has increased 1.0%, lower than a 1.3% advance in March.

The AUD/USD pair trades around 1.0747 after recorded the lowest level at 1.0692.

On the other hand, the shared currency has jumped against the dollar for the first time in three days on prospects the region's debt crisis won't keep the European Central Bank from increasing interest rates further.

The EUR/USD pair trades around 1.4397 after recorded the highest level at 1.4406 and the lowest level at 1.4339.