Aussie Dollar Weaker After Mixed Employment Report

(CEP News) - The Australian dollar was weaker on Thursday in the aftermath of a mixed employment report, with the economy creating jobs, but the unemployment rate rising further than expected.According to the Australian Statistics Bureau, the employment sector created 1,800 jobs while the number of unemployed persons rose 47,100, boosting the unemployment rate to 5.2% from 4.8% last month.

Economists were expecting a rise in the unemployment rate to 5.0% and 20,000 jobs lost.

Data taken at 7:10 a.m. EDT,

The euro was up 0.0133 to 1.9815 against the Australian dollar.

The Australian dollar was down 0.0073 to 0.6449 against the greenback.

The Canadian dollar was up 0.0085 to 1.2017 against the Australian dollar.

The Australian dollar was down 1.3700 to 62.075 against the yen.

The Australian dollar was up 0.0092 to 1.2609 against the New Zealand dollar.