AUD/USD (Australian dollar/US dollar)

Foreign Exchange, New York prices.

By Karen Brettell and Amanda Cooper NEW YORK (Reuters) -The dollar dropped on Friday after U.S.

After three reductions since February, the Reserve Bank of Australia (RBA) chose to keep the cash rate unchanged at 3.60% in today’s policy meeting, with the decision backed unanimously by the board.

December Australian dollar futures present a buying opportunity on more price strength.

Here's a look at six Aussie coins that fetch the highest prices on the collectibles market.

December Australian dollar futures present a selling opportunity on more price weakness.

September Australian dollar futures present a buying opportunity on more price strength.

SYDNEY (Reuters) -Australian employment rose only marginally in June as the jobless rate jumped to the highest since late 2021, showing perhaps the first crack in what had been an unusually resilient labour market and adding to the case for a rate cut next month. Figures from the Australian Bureau of Statistics out on Thursday showed net employment rose 2,000 in June from May, when it fell by an upwardly revised 1,100. Most importantly, the jobless rate popped up to 4.3%, from 4.1%, the highest since November 2021 and a jolt after months of stable readings.

The hold at 3.85% was surprising and boosted AUD against major currencies including the US dollar and yen.

In a widely anticipated July policy meeting, the Reserve Bank of Australia (RBA) defied market expectations by opting to leave the cash rate unchanged at 3.85%, resisting calls for a third rate cut this year.

The U.S. dollar has been appreciating almost relentlessly since the end of September.

Investing.com-- Australia’s trade balance rose more than expected in October after hitting a four-year low in the prior month, as commodity exports rose amid improving economic conditions and stimulus measures in top trading partner China.