Aust dollar is higher

Reported by AAP
Thursday, January 17, 2013
Billionaire busts: The men who lost it allA Brazilian businessman has become a "negative billionaire" after his commodity empire collapsed following allegations of insider trading.

The Australian dollar is higher ahead of the release of domestic jobs data.

At 0620 AEDT on Thursday, the local currency was at 105.63 US cents, up from Wednesday's close of 105.53 US cents.

During the overnight offshore session, the Australian dollar traded in a range between 105.33 and 105.66 US cents.

In economics news on Thursday, the Australian Bureau of Statistics will release the December labour force report, at 1130 AEDT.

Market consensus is for 4,500 jobs to have been added in the month, with the unemployment rate tipped to have risen to 5.4 per cent, from 5.2 per cent in November.

01/03/2015 11:33Sydney, Australia. 1 March,2015