InvestSMART

Aust dollar lifts in early trade

Local currency regains some of the ground it lost on unemployment data.
By · 13 Sep 2013
By ·
13 Sep 2013
comments Comments
Upsell Banner

The Australian dollar has regained some of the ground it lost on the back of disappointing unemployment data.

At 0630 AEST, the local unit was trading at 92.73 US cents, up from 92.43 cents on Thursday.

The Australian dollar fell from a three-month high of 93.54 US cents immediately after the release of the labour force figures of Thursday.

The data showed the unemployment rate rose to 5.8% in August, in line with economists' forecasts - the highest it has been since August 2009.

Share this article and show your support
Free Membership
Free Membership
AAP
AAP
Keep on reading more articles from AAP. See more articles
Join the conversation
Join the conversation...
There are comments posted so far. Join the conversation, please login or Sign up.