Dollar gains after Trump talk

THE Australian dollar has gained after comments from US President Donald Trump overnight weakened the US dollar against major currencies.

THE Australian dollar has gained after comments from US President Donald Trump overnight weakened the US dollar against major currencies.

At 0636 AEST on Thursday, the Australian dollar was at 75.18 US cents, up from 74.91 cents on Wednesday.

FXStreet analyst Matias Salord said the key data that the market would be focused on will be the Australian jobs report and the Chinese trade balance later in the day, with both numbers having the potential to add some volatility to a quiet market.

The local currency turned weaker against the Japanese yen and the euro.

CURRENCY SNAPSHOT AT 0636 AEST ON THURSDAY

One Australian dollar buys:

* 75.18 US cents, from 74.91 on Wednesday

* 82.00 Japanese yen, from 82.11 yen

* 70.46 euro cents, from 70.58 euro cents

(*Currency closes taken at 1700 AEST previous local session)