Wednesday, June 6, 2012

Reuters: US Dollar Report: Aussie jumps to 3-week high after job data surprise

Reuters: US Dollar Report
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Aussie jumps to 3-week high after job data surprise
Jun 7th 2012, 01:41

TOKYO, June 7 | Wed Jun 6, 2012 9:41pm EDT

TOKYO, June 7 (Reuters) - The Australian dollar shot up to a three-week high against the U.S. dollar on Thursday after data showing unexpectedly strong gains in Australian payrolls despite forecasts for a decline.

The Aussie rose as high as $0.9961, its highest since May 17, from around $0.9920 in late U.S. trade on Wednesday, while it also gained about 0.5 percent against the yen to 79.00 yen, a two-week high.

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