Aussie Goes Up on Good Employment Data
The Australian dollar gained today after the government report showed that the Australian employers added twice as many jobs as was predicted by the experts.
The number of the employed persons in Australia grew by 54,600 from October to November, following the increase by 36,900 in October from September. The analysts forecast the growth by 21,300. The unemployment rate remained unchanged at 5.2 percent as was predicted.
AUD/USD rose from 0.9794 to 0.9841 as of 9:53 GMT today after it jumped to 0.9884.
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Earlier News About the Australian Dollar:
- Aussie Rebound After Decline as Global Economy Recovers (2010-12-02)
- Australian Dollar Weakens as Business Profits Decline (2010-11-30)
- Rates in Australia to Remain Unchanged in Near Term, AUD Falls (2010-11-27)
- Interesting Week for Australian Dollar (2010-11-20)
- Aussie Gains on Outlook for Rates & Ireland's Bailout (2010-11-19)
