The Bull

Monday 18

June, 2018 2:08 PM



$A gains a little against the $US

$A gains a little against the $US

The Australian dollar has crept a little higher against the US dollar.

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By AAP 04.06.2018 07:07 AM

The Australian dollar is slightly higher against its US counterpart.

At 0635 AEST on Monday, he local currency was worth 75.58 US cents, from 75.48 US cents on Friday.

The US dollar was up and down after May US non-farm payroll figures rose more than expected on Friday and the jobless rate fell to 3.8 per cent, from 3.9 per cent, also beating expectations of 3.9 per cent.

But US president Donald Trump sparked controversy an hour before the release, breaking with strict protocols via a market moving tweet that he was, "looking forward to seeing the employment numbers at 8:30 this morning", prompting heavy speculation that it would be a solid report, as it was.

The Australian dollar was also higher against the yen and the euro.

CURRENCY SNAPSHOT AT 0635 AEST

One Australian dollar buys:

* 75.58 US cents, from 75.48 on Friday

* 82.72 Japanese yen, from 82.39 yen

* 64.82 euro cents, from 64.60 euro cents

(*Currency closes taken at 1700 AEST previous local session)

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