The Australian dollar continued to rise today for the third consecutive trading session. Yesterday, the currency demonstrated substantial gains due to an amazing jobs report from Australia.
Australian employers added as much as 58,600 jobs in October compared to the median forecast of 14,800. The unemployment rate fell unexpectedly from 6.2 percent to 5.9 percent. The Aussie slowed its rally today but was still trading near the highest level in a week against its US counterpart.
AUD/USD ticked up from 0.7124 to 0.7136 as of 10:50 GMT today. EUR/AUD slipped from 1.5159 to 1.5092.
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