Thu, 07 Aug 2014 09:08:08 GMT
Australian Dollar falls on unemployment growth
The
Aussie weakened the most since the beginning of July as the traders anticipate the RBA
to cut the interest rates, following the jobless rate reaching its
peak since 2002. The Australian Dollar depreciated at least 0.5%
against all 31 major peer. The Australia's unemployment rate
exceeded the U.S. level for the first time in seven years. The Aussie
dropped 0.9% to 92.70 U.S. cents, the