Australian dollar jumps one US cent on US data
The Australian dollar has bounced following a disappointing US jobs report.
Dollar
Don't miss out on the headlines from Dollar. Followed categories will be added to My News.
The Australian dollar has bounced following a disappointing US jobs report.
At 0630 AEDT on Monday, the local currency was trading at 86.63 US cents, up from 85.53 cents on Friday.
The US dollar fell against all major currencies after non-farm payrolls disappointed analyst expectations.
The US economy added 214,000 jobs in October, compared to forecasts of 235,000.
Originally published as Australian dollar jumps one US cent on US data
ASX marks second best close on record
The Australian sharemarket closed just off a record high on Thursday, as renewed optimism in the US-China relationship, spurred a rally in key stocks.
Coles slammed over mass product cull
Nationals leader David Littleproud has hit out at Coles after the supermarket giant flagged a cull in its product range, claiming prices at the checkout would rise.