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Australian dollar lower as $US regains some ground

THE Australian dollar is lower as the greenback regains ground following its post-jobs report slump.

Aussie one dollar coins, on a twenty dollar note.
Aussie one dollar coins, on a twenty dollar note.

THE Australian dollar is lower as the greenback regains ground following its post-jobs report slump.

At 0630 AEDT on Tuesday, the local currency was trading at 86.12 US cents, down from 86.74 cents on Monday.

The US dollar fell against all major currencies after non-farm payrolls disappointed analyst expectations on Friday night.

The US economy added 214,000 jobs in October, compared to forecasts of 235,000.

Originally published as Australian dollar lower as $US regains some ground

Original URL: https://www.couriermail.com.au/business/markets/australian-dollar-lower-as-us-regains-some-ground/news-story/2238bdf70b50f38ea0d9112f4fbfb23b