Aust dollar lower in early trade

Local currency slips as US dollar is boosted by upbeat jobs data.

The Australian dollar is lower after the US dollar was boosted by better-than-expected American jobless claims data.

At 0630 AEST, the local unit was trading at 91.39 US cents, down from 91.71 cents on Thursday.

Data released overnight showed that the number of Americans seeking unemployment benefits dropped 15,000 last week to a seasonally-adjusted 320,000, the fewest since October 2007 - a sign of dwindling layoffs and steady, if modest, job growth.

The better-than-expected figures boosted the US dollar.

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