• AUD/USD jumps to near 0.6600 as safe-haven appeal fades ahead of US labor market data.
• The US Dollar faces a sell-off despite Fed not offering cues about timing for rate-cuts.
• An upbeat wage growth data would provide a cushion to the US Dollar.

The AUD/USD pair delivers a sharp recovery to near the round-level resistance of 0.6600. The outlook for the Aussie asset seems resilient as the US Dollar has come under pressure despite the Federal Reserve's (Fed) refusal to make speculation on interest rate cuts.

S&P500 futures have generated significant gains in the European session, indicating a decent improvement in the risk appetite of the market participants. The US Dollar Index (DXY) has slipped slightly below the crucial support of 103.00 as investors focus on the fact that rate cuts are invincible.

Meanwhile, investors await the United States Nonfarm Payrolls (NFP) data for January, which will be published at 13:30 GMT. According to the estimates, US employers hired 180K workers in January, lower than 216K personnel recruited in December. The Unemployment Rate is expected to increase to 3.8% against the former reading of 3.7%.