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Aussie Falls against Peers as Jobs Data Disappoint


Thursday, 14 June 2018 10:28 WIB

AussieDolar Australia,


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Australia's dollar declined against all of its Group-of-10 counterparts as growth in the nation's employment fell short of economist estimates in May.

AUD/USD dropped 0.3% to 0.7554. Employment increased 12,000 in May, compared with the median economist forecast of 19,000, as full-time jobs dropped. The jobless rate retreated to 5.4% from 5.6%

The Aussie was also weighed down by concern China will retaliate against planned U.S. tariffs. The Trump administration said it will announce on Friday a final list of duties targeting Chinese products

USD/JPY slipped 0.1% to 110.19

EUR/USD steady at 1.1795 before the European Central Bank releases a policy decision later Thursday. The policymakers will hold their first formal talks on when to end their asset purchase program.

Source: Bloomberg


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