The Australian dollar climbed against its US peer together with other currencies today but moved just a little versus such majors as the euro and the Japanese yen.
The surprisingly poor employment report from the United States sent the greenback down against its rivals. The Aussie was not an exception. Domestic data was also helpful with the services PMI rising in May.
Yet all the confusing on the market caused by the US data made it hard for the Australian currency to establish a clear trend against other counterparts. Next week may help the Aussie with finding a direction as the Reserve Bank of Australia will conduct a policy meeting on Tuesday, and it is likely to have a noticeable impact on the Australian dollar.
AUD/USD surged 1.9% from 0.7228 to close at 0.7366. EUR/AUD settled at 1.5411 after opening at 1.5424. AUD/JPY opened at 78.69 and its settlement was at 78.55.
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