Thu, 11 Apr 2013 10:31:33 GMT
Aussie depreciates on job data
The Australian Dollar dropped by 0.3% to 1.0515 per U.S. Dollar in the second part of Sydney trading session on Thursday. The Aussie slipped against the major counterparts, as the unemployment data indicated an increase to a three-year peak. Labor numbers induce speculation that Reserve Bank will cut borrowing costs to sustain growth.