Investing.com

Investing.com - The Australian dollar spiked on Thursday after official data showed a surge in employed numbers far higher than expected.

AUD/USD traded at 0.9060, up 0.80%, after figures for February showed 47,300 new jobs added, compared to an expectation of 18,000.

Separately, a private survey showed inflation expectations in Australia fell in March for the first time in three months and to the lower end of the Reserve Bank''s 2% to 3% target band. The Melbourne Institute''s consumer inflation expectations fell to 2.1% in March from 2.3% last month.



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