India, July 23 -- The Australian dollar strengthened against other major currencies in the Asian session on Thursday, as strong labor data raised anticipation for the Reserve Bank of Australia or RBA interest rate hike.
In June, Australia's unemployment rate remained stable at 4.4%, which was in line with market predictions. Employment increased by 76.3K, surpassing the 15K prediction and building on the revised 44K rise for May.
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