THE Australian dollar was
at a 2020 high over the long
weekend after a US jobs report
from the Labor Department
defied forecasts of a loss and
produced the largest job gain in
its history.
The Aussie and equities
jumped on the back of the
announcement, with a
projected eight million jobs
loss actualising as a 2.5 million
gain in May, with Americans
returning to work quicker than
expected.
The AUDJPY and AUDEUR
also hit 12- and five-month
highs.
Wholesale rates this morning.
US $0.700
UK £0.550
NZ $1.062
Euro €0.619
Japan ¥76.02
Thailand ß21.88
China ¥4.891
South Africa 11.61
Canada $0.932
Crude oil US$40.80
The post Money 9 June 20 appeared first on Travel Daily.
Source: traveldaily