Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Australian Dollar Boosted by Amazing Jobs Data

Reverend John Flynn on Australian 20-dollar billThe Australian Dollar gained on its most-traded rivals today after the surprisingly good employment report boosted the currency.

Australian employment climbed by 61,600 in November, more than three times the forecast increase of 18,100. It was the biggest gain since October 2015. The increase was mainly a result of growth in full-time jobs.

What is more the participation rose from 65.2% to 65.6% — the highest level in more than 6 years. The unemployment rate was stable at 5.4%.

AUD/USD rallied from 0.7635 to 0.7662 as of 11:14 GMT today. EUR/AUD declined from 1.5482 to 1.5436. AUD/JPY gained from 85.92 to 86.38.

© NewsInspector for Forex News, 2017. | Permalink | No comment | Add to
Post tags: AUD/JPY, AUD/USD, Australia, Dollar, Employment, EUR/USD

Feed enhanced by Better Feed from Ozh

This post first appeared on Forex News, Latest Forex News, please read the originial post: here

Share the post

Australian Dollar Boosted by Amazing Jobs Data


Subscribe to Forex News, Latest Forex News

Get updates delivered right to your inbox!

Thank you for your subscription