Australian dollar tops 94 US cents on strong jobs data
THE Australian dollar remains above 94 US cents following stronger-than-expected jobs figures.
THE Australian dollar remains above 94 US cents following stronger-than-expected jobs figures.
At 0630 AEST on Friday, the Australian dollar was trading at 94.15 US cents, down from 94.38 cents on Thursday.
The Australian dollar surged to a five-month high on Thursday, peaking at 94.63 US cents, thanks to the weaker US dollar and surprisingly strong jobs figures showing Australia's unemployment rate had fallen to 5.8 per cent in March.
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