Aussie rebounds after strong employment data, yuan rises

SINGAPORE, July 20 (Reuters) – The Australian dollar rose on Thursday after the country’s employment data exceeded expectations. At the same time, the yuan is rising after China took steps to stem the depreciation of its currency by easing its cross-border financing rules.

The dollar index against a basket of six major currencies fell by 08:18 Moscow time by 0.15% to 100.1.

The Australian was up 0.87% to $0.6833 and the New Zealand dollar was up 0.65% to $0.6304.

The euro gained 0.2% to USD 1.122, while sterling stagnated around USD 1.2941.

The Japanese yen rose 0.25% against the dollar to 139.32.

The Swiss franc gained 0.23% to $0.8564.

The continental yuan rose 0.68% to 7.1766, while the maritime yuan rose 0.67% to 7.1836.

The Turkish lira fell 0.1% to 26.87 to the dollar.

Bitcoin was up 0.36% to $30,027 while Ethereum was up 0.6% to $1,900.1.

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