LONDON: The dollar was down against the euro and yen on Thursday as the currency consolidated after a recent rally, while the Australian dollar soared on upbeat local jobs data.
The dollar index last traded at 98.760, drifting down from a 7-month peak of 99.504 set on Tuesday. Against the yen, the greenback bought 122.94, off a 2-1/2 month high of 123.60 set earlier in the week.
The euro was at $1.0771, having been as low as $1.0674 this week – a level seen in late April. It was up 0.4 per cent versus the yen at 132.415, pulling away from Friday’s six-month trough of 131.45.
The biggest mover in Asia was the Aussie, which was last up 1.1 per cent at $0.7142 after Australian employment came in at 58,600 new jobs in October versus forecasts of a modest increase of 15,000.
