Markets

Australian dollar jumps after strong jobs data

Published September 11, 2014 Updated September 11, 2014 06:17am

1 min

By Shoaib Ur Rehman

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SYDNEY: The Australian dollar leapt half a US cent on Thursday after a surprisingly strong jobs report led markets to price in more chances of a rate hike in a 12-month horizon.

The Aussie jumped as far as $0.9216, from $0.9260 before the data to be last at $0.9211. It hit a five-month low of $0.9113 on Wednesday.

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