The pair started this morning at $0.8841 after overnight US dollar losses had boosted the rate up to $0.8852. The aussie re-visited that high in early dealings but failed to make further progress above that as the market waited for the Australia September jobs data. The aussie was holding at $0.8830 when the data were released. The job numbers were weaker than expected and the aussie promptly dropped to a low of $0.8794 immediately after. The move however ran into strong demand off the lows and that sparked a determined aussie recovery back to $0.8856. Aussie-dollar paused there for a while but fresh demand then emerged pushing it through rumored stops at $0.8870. Aussie-dollar continued to rally, and eventually traded a $0.8885 high in the afternoon. The aussie continued to be held up since, and was last traded at $0.8866. Further up, aussie offers are seen from $0.8890 to $0.8900.
