Aussie dollar continues slide against greenback amid volatility from mixed US jobs figures

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Xinhua, Sydney :
The Australian dollar continued its slide against the greenback, amid volatility generated by the latest U.S. jobs figures that appeared mixed.
At the Asian open on Monday, the Aussie dollar was buying 70.61 U.S. cents, down from 70.78 U.S. cents on Friday.
“Mixed U.S. employment data produced volatility but U.S. bond yields resumed their rise and equities closed sharply lower” again, with the Aussie and New Zealand currencies continuing their “underperformance”, Westpac analysts said in a morning note to investors.
Australia’s calendar is set to be quiet starting a low-key week, with the focus “mostly on business and consumer confidence surveys”, they added.
At 08:35 (AEDT), the Australian dollar was buying 70.59 U.S. cents.

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