A rather torrid day for the Aussie this morning after it started at $0.9354 today. Early dealings were muted with aussie-dollar mostly trapped between $0.9345 and the session high of $0.9358. The release of the AiG construction index saw little market reaction as the main focus remained on Australian jobs numbers. Aussie-dollar was trading around $0.9353 as the jobs report came out, and it promptly sank to $0.9310 as the report showed a surprise drop in employment and an unexpectedly large jump in the unemployment rate. Dealers were of the opinion the numbers reflected the impact of the way the numbers were presented. Analysis out earlier also highlighted how the jumpin jobless rate was caused mainly by seasonal adjustments that exaggerated the number of unemployed. Still, the aussie continued to fall, as it tripped over stops at $0.9300 and then at $0.9290 before coming to rest at a low of $0.9284. Losses continued in the afternoon as the dollar gained further vs the yen, for aussie-dollar to hit a low of $0.9263, its lowest since June 5. Aussie-dollar was last at $0.9269, with more selling anticipated if $0.9250 gives way, dealers said
