Aussie and Yen fall after news releases

Thursday, 12 May 2011 11:23

After the news report the Japanese currency weakened contrasting the U.S Dollar and traded at USD/JPY 81.15 from 81.02. The pair is currently trading at 81.06, strengthening the yen slighty from the 13 pip fall.
The Australian Dollar also fell against the U.S Dollar after Australian news about jobless claims and employment change were released with a negative attitude; as opposed to what was expected. While jobless rates remained the same at 4.9%; employment change fell by a staggering 22.1K from an expected 17.6K.

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