$A higher on strong jobs data

The Australian dollar rose more than a quarter of a US cent after official data showed a fall in the monthly unemployment rate.

The currency was trading at 104.44 US cents at 1129 AEDT, just before the release of the data, and rose to 104.77 US cents by 1135 AEDT.

The unemployment rate fell to 5.2 per cent in November, from 5.4 per cent in October, the Australian Bureau of Statistics said on Thursday.

The forecast was for an unemployment rate of 5.5 per cent, according to the median of 14 market economists surveyed by AAP.

The dollar finished Tuesday's local session at 104.72 US cents.


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