Aussie rises before wage report

Source: Bloomberg
© Scanpix/Reuters
The Australian Dollar gained, trimming a 3-day loss, on speculation the interest rates will not decline if a wage report is positive this week. The Aussie strengthened 0.3% from the previous week to $1.0418 and advanced 0.3% to 82.82 yen. Australia's currency touched $1.0480 on November 7, the strongest level since September 21. The kiwi rose 0.3% to 81.60 U.S. cents and gained 0.2% to 64.86 yen. 
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