Currency and private employment
6 October 2016

Thursday: currency and private employment

On Tuesday Australian dollar fell 0.56 percent down in comparison to U.S. dollar. Stated rating 0.7580 is the lowest position of currency since September 21. Wednesday report of Institute of Supply Management about non-manufacturing purchasing manager index rising is likely the reason why USD remains supported. According to the report, mentioned index increased to 57.1 from 51.4 and reached the highest rating in the 11-month period, despite the analysts forecasting rating 53.0. (more…)