Thursday, June 28, 2007

Aussie Strong In Action On Thursday, Thursday, June 28, 2007 12:41:33 PM

The Australian currency rose against its counterparts in action on Thursday. The currency advanced as Australia announced total job vacancies for the three months prior to May.

The Australian currency was strong against the dollar in trading on Thursday midday. The aussie rose steadily through the day to a mark of 0.8465. On the whole, the Australian currency is near a multi-year high against its American counterpart.

In trading against the yen on Thursday, the Australian currency saw strength. The advance took the Australian dollar to a mark of 104.14 by midday trading. In general, the aussie has started to reverse a recent two week low and is moving back towards a multi-year high.

The Australian currency was strong against the euro in action on Thursday. The aussie rose to a mark of 1.5902 by the midday trading. Overall, the Australian currency is within the range of the past month after reaching a multi-year high.

Versus the British currency on Thursday, the Australian dollar saw strength in action. By the midday, the currency had risen to a mark of 2.3638. Generally, the Australian currency is within the range of the past month after reaching a multi-year high.

Australian total job vacancies in the three months to May rose 1.7%, in trend estimates. Annually, the growth was 9.9% during the period. This compared to a sequential growth of 1.0% and a yearly rise of 12.8% in the prior month.
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