Trade Resources Economy Australian Dollar Pushed Above 103 US Cents on News of Improvements in The US Jobs Market

Australian Dollar Pushed Above 103 US Cents on News of Improvements in The US Jobs Market

The Australian dollar has pushed above 103 US cents on news of improvements in the US jobs market.

At 6.30am AEST the currency was trading at 103.15 US cents, up half a cent from 102.54 US cents on Friday afternoon.

The Australian dollar rallied on Friday after US economic data showed the country's unemployment rate fell 0.1 per cent to 7.5 per cent in April.

Source: http://www.theaustralian.com.au/business/markets/australian-dollar-gains-on-improved-us-jobs-data/story-e6frg94o-1226635715584
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Australian Dollar Gains on Improved US Jobs Data
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