Aust dollar flat in early trade

Local currency little changed as four states enjoy Labour Day public holiday.

The Australian dollar has barely moved due to the Labour Day public holiday and the lack of data out of the United States thanks to the government shutdown.

At 0630 AEDT, the local unit was trading at 94.44 US cents, virtually unchanged from 94.43 cents on Friday.

Monday is expected to be a quiet day as New South Wales, ACT, South Australia and Queensland enjoy the Labour Day public holiday.

The US government shutdown is also keeping markets quiet, as key data, including the closely-watched non-farm payrolls report that was due last week, remain on hold.

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