A bruising day for the Aussie this morning as it weakened broadly in the wake of surprisingly soft jobs data and seeing barely any recovery off the initial lows so far in the Asia-Pacific session today. Aussie-dollar opened at $0.8916 this morning, just off last night’s $0.8933 US session high. It initially drifted lower by just a few points to $0.8902 before then easing to $0.8897. The release of Australia’s December jobs data, whichshowed employment falling by an unexpected 22,600, the most since March 2013, sent aussie over a cliff and triggered a broad move against the currency. Aussie-dollar fell to $0.8810 initially and then slipped below $0.8800 for a low of $0.8796. That marks aussie-dollar’s lowest since August 25, 2010 and came about as the aussie was also driven lower on cross pairs like euro-aussie and aussie-kiwi, dealers said. Little recovery has been seen since, although the pair has managed to regain a toehold above $0.8800. It was last at $0.8815 but faces residual interest to sell from $0.8830, while immediate support is expected at $0.8771
