ZCZC
BCN-36
AUSTRALIA-FOREX
Aussie dollar continues slide against greenback amid volatility from mixed
U.S. jobs figures
SYDNEY, Oct. 8, 2018 (BSS/Xinhua) – The Australian dollar continued its
slide against the greenback, amid volatility generated by the latest U.S.
jobs figures that appeared mixed.
At the Asian open on Monday, the Aussie dollar was buying 70.61 U.S.
cents, down from 70.78 U.S. cents on Friday.
“Mixed U.S. employment data produced volatility but U.S. bond yields
resumed their rise and equities closed sharply lower” again, with the Aussie
and New Zealand currencies continuing their “underperformance”, Westpac
analysts said in a morning note to investors.
Australia’s calendar is set to be quiet starting a low-key week, with the
focus “mostly on business and consumer confidence surveys”, they added.
At 08:35 (AEDT), the Australian dollar was buying 70.59 U.S. cents.
BSS/XINHUA/HR/1440