On Thursday, the greenback retained revenues against the Japanese yen in Asia, while the Aussie staged a steep rebound on jobs data, reacting to the Fed move to raise rates as expected for the first time in a year.
The currency pair USD/JPY was worth 117.61, ascending 0.50%, while AUD/USD rallied 0.19%, hitting 0.7421.
Australia posted jobs data for November with employment change figures, demonstrating a massive leap of about 39,100 jobs, beating an expected 20,000 surge under a participation rate of 64.6%, which is higher than the 64.5% observed, and an unemployment rate rising to 5.7% from 5.6%.
Overnight, the evergreen buck leapt on the Fed’s suddenly hawkish tone – the major US bank announced three probable rate lifts next year, in addition to today’s hike.
The US dollar index, measuring the greenback’s value against a basket of main currencies, edged up 0.35%, hitting 102.39, up to the highest value since 2003.
