The Australian dollar storms to a 5-week high

The Australian dollar continues to surge, hitting a five-week high in Asia.

Here’s the scoreboard as at 1.45pm in Sydney.

AUD/USD 0.7669 , 0.0033 , 0.43%
AUD/JPY 86.38 , 0.45 , 0.52%
AUD/CNH 5.0668 , 0.0174 , 0.34%
AUD/EUR 0.6478 , 0.0022 , 0.34%
AUD/GBP 0.5712 , 0.0023 , 0.40%
AUD/NZD 1.0943 , 0.0073 , 0.67%

After jumping back above the 76 cent level following the release of weak US CPI data on Wednesday, the AUD/USD has extended those gains on Thursday, propelled higher by a stellar Australian jobs report for November and solid economic data in China.

It currently sits at .7669, the highest level since mid-November.

AUD/USD 4-Hour Chart

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