Aussie rises on employment data on Thursday

The Australian Dollar accelerated versus all of its major peers on Thursday after a report showed the nation's employment grew by much more than preliminary estimated suggesting that the interest rate cuts by the Reserve Bank of Australia might not be necessary. The so-called Aussie advanced 0.7% to $1.0367 after touching its highest since February 6 at $1.0383, it also added 0.5% to 99.51 yen.