Australian dollar stung as jobs blow slashes chance of rate rise
SYDNEY: The Australian dollar swerved lower on Thursday after a surprisingly soft jobs report led investors to scale back wagers on another rise in interest rates, fuelling a much-needed rally in the bond market. The Aussie slid 0.4% to $0.6945, having alread...
SYDNEY: The Australian dollar swerved lower on Thursday after a surprisingly soft jobs report led investors to scale back wagers on another rise in interest rates, fuelling a much-needed rally in the bond market. The Aussie slid 0.4% to $0.6945, having already peeled away from a top of $0.7014 overnight as the greenback climbed. Support now lies around $0.6933, and a recent 13-week trough of $0.6904. Data showed Aus...