Day: December 15, 2016

Australian Dollar Strong After Employment Report

The employment report released from Australia during the Asian trading session was mixed, but that did not prevent the Australian dollar from beating most of its rivals, though not the very strong US dollar. Australia’s employment grew by 39,100 in November from October, much more than analysts had predicted (17,600). The October increase got a big positive revision from 9,800 to 15,200. At the same time, the unemployment […]