Australian dollar higher after weaker US jobs data
THE Australian dollar is higher after US employment growth in July was weaker than expected.
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THE Australian dollar is higher after US employment growth in July was weaker than expected.
At 0630 AEST on Monday, the local c was trading at 93.08 US cents, up from 92.80 cents on Friday.
The US economy generated 209,000 new jobs in July, the Commerce Department reported, weaker than the gain of 230,000 the market expected.
The unemployment rate rose 0.1 percentage points to 6.2 per cent.
Originally published as Australian dollar higher after weaker US jobs data
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