Australia's unemployment unexpectedly drops pushing Aussie higher

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AFP
Australia's jobless rate unexpectedly declined in November, sending the Australian Dollar higher. The unemployment rate dropped from 5.4% in October to 5.2%, according to data released by the statistics bureau, while economists projected an increase to 5.5%. The Aussie was at $1.0469 at 1:03 p.m. Sydney time, comparing to $1.0447 before report release. 

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