Aust dollar falls in early trade

Local currency slips following surprisingly strong jobs data in the United States.

The Australian dollar is lower after a surprisingly strong United States jobs report increased the likelihood that the Federal Reserve's quantitative easing could be wound back sooner rather than later.

At 0700 AEDT, the local unit was trading at 93.85 US cents, down from 94.65 cents on Friday.

US employers added 204,000 jobs in October - an unexpected boost given that the federal government was partially shut down for 16 days.


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