For a second month in a row, Australia reported a much better than expected jobs report: the land down under gained no less than 71.4K jobs in November, much better than a drop of 10K that was expected. The unemployment rate dropped from 6% to 5.8%.
The excellent news raised some eyebrows but also sent AUD/USD all the way to 0.73333.
Read the rest of the article AUD/USD shoots higher as Australian unemployment falls sharply