Australian Dollar Outlook - 07 December 2012

By International Business Times,  December 06, 2012, 07:33:42 PM EDT

Bell FX Currency Outlook: Australian Dollar finds continued support on better than expected Labour Market Data.

Australia The Australian Dollar strengthened in yesterday's session as string of strong domestic data saw demand for the currency lifted.

Yesterday saw domestic Labour Force figures released better than expected with 13,900 jobs added in November and the unemployment rate falling from 5.4% to 5.2%.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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