Investing.com – The Aussie rose slightly in early Asia on Friday ahead of trade figures with the big focus of the day on US with analysts forecasting a gain of 190,000 jobs.
traded up 0.01% to 0.7865, while changed hands at 112.78, up 0.03%.
Australia reports its for November with an A$550 million surplus seen.
The , which measures the greenback’s strength against a trade-weighted basket of six major currencies, was last quoted down 0.32% to 91.60.
Overnight, the dollar continued to languish at there-month lows on Thursday as an upbeat labor market report failed spark a rebound in the greenback amid pressure from a rally in the euro to nearly three-year highs.
The dollar gave up most of its gains from Wednesday’s session as the prospect of the Fed adopting a more aggressive path to monetary policy tightening amid upbeat economic data did little to lift sentiment on the greenback.
Private payrolls grew by 250,000 for December, a sharp increase from the 185,000 private jobs created in the previous month, according to a report released Wednesday by ADP and Moody’s Analytics. That beat economists’ forecast of 191,000.
The U.S. Department of Labor reported Thursday that initial jobless claims increased 5,000 to a seasonally adjusted 250,000 for the week ended Dec. 30, missing forecasts of a 3,000 increase.
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