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AUD rallies on upbeat Australian jobs data

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AUD/USD opened in Asia at 0.7677 after closing in New York at 0.7682. Broad USD selling takes the pair higher to 0.7720 pre-aussie jobs data. Better-than-expected employment numbers pushed the aussie higher to 0.7782. The pair eased on profit taking down to 0.7758.

USD/JPY opened in Asia at 119.15 and was dragged around by broad USD weakness. The pair traded down to Wednesday low at 118.80 before buyers came in and took the pair up to 119.40.

EUR/USD opened in Asia at 1.0685 after a rally in the New York session. A high of 1.0748 was reached in Asia even though there were no specific news to spark the rally. Broad USD weakness helped. The pair however drifted back down to settle around 1.0675.

GBP/USD rallied to 1.4880, the highest since April 9 before erasing all Asian session gains to fall back to 1.4825.

The post AUD rallies on upbeat Australian jobs data appeared first on Forex Circles.

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