Dollar wins reprieve as Mideast tensions ease, payrolls in focus
Its next move will likely be determined by December job-market data due at 1330 GMT. The consensus forecast is for 164,000 extra jobs in December, following a bumper 266,000 added in November.
The move wasn’t enough to make up for a terrible week so far for the Aussie, having shed more than 1% as investors reckoned that the bushfires raking the east coast could dent the economy and drive interest rate cuts. “There is enough in for the RBA to conclude that the gentle turn in the economy is continuing,” ANZ analysts said in a note on Friday.
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