The Australian dollar rose for the fourth consecutive session against its US counterpart and advanced versus the Japanese yen today after the employment data showed that Australian employers added last month more jobs that was estimated by analysts.
Seasonally adjusted employment increased by 14,500 in September, following the drop by 9,100 in August. The forecast change was 5,100. At the same time, the unemployment rate increased by 0.3 percentage point to 5.4 percent. Economists have hoped for somewhat smaller rate of 5.3 percent.
AUD/USD rose from 1.0232 to 1.0275 and AUD/JPY advanced from 79.98 to 80.54 as of 12:20 GMT today.
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