The Australian currency was stronger at Monday noon, trading in a very tight range following a rally on US jobs data during the offshore session.

At midday (AEST), the local unit was changing hands at $US0.9154/57, more than half a cent higher than Friday's finish of $US0.9080/84.

Since 7am today, the domestic dollar ranged from $US0.9146 to $US0.9166.

The Aussie traded in a very tight range this morning, according to Nomura Australia chief economist Stephen Roberts.

He said the two job indicator surveys recently announced had no influence on the domestic dollar.

"It's really carrying on as it was and it's just caught in a groove for the time being around the mid-ninety ones."

"It's quite a bit firmer than when we were going back to Friday, but it hasn't carried on because we've got a holiday in the US.

"We're waiting to see what follow though we get in the US over the course of this week."

Mr Roberts said investors were anticipating a speech from US President Barack Obama on fiscal policy on Wednesday.

The domestic political impasse was not influencing the Aussie, he said.

"I think the currency has well and truly taken in its stride whatever comes in terms of the government."

He predicts that the Australian dollar will not see much change this afternoon.