Markets

Australian dollar falls half a cent after soft jobs report

Published September 12, 2013 Updated September 12, 2013 05:03am

SYDNEY: The Australian dollar lost half a cent on Thursday after a weaker-than-expected jobs report cast doubts on the market's perception the Reserve Bank of Australia would keep rates steady until the end of the year.

The Aussie dollar slipped to $0.9280, from $0.9325 in early trade, but was still up 1 percent since Monday. It climbed as far as $0.9355, its highest in nearly three months, to trade last at $0.9282.