AUD/USD up near 0.8350 after Jobs Data

Australia’s dollar extended yesterday’s advance as the statistics bureau said the number of people employed rose by 42,700 in November, compared with the median estimate for a 15,000 increase in a Bloomberg News survey.

The Aussie strengthened 0.4 percent to 83.48 U.S. cents after appreciating 0.3 percent yesterday.

The kiwi climbed to the highest level in a week as Reserve Bank of New Zealand Governor Graeme Wheeler signaled the potential for future rate increases after keeping the official cash rate at 3.5 percent.  “Some further increase in the official cash rate is expected to be required at a later stage,” Wheeler said in Wellington after the decision.

Bloomberg

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