Aussie slides after RBA comments

SYDNEY/SINGAPORE, July 3 (Reuters) canada goose clearance The dollar held firm above a recent eight week low on Thursday, supported by hopes for a healthy rise in nonfarm Canada Goose Outlet payrolls, while the Aussie fell after canada goose uk outlet Australia central bank chief warned that markets are underestimating the risk of a sharp fall in the Canada Goose Coats On Sale currency. economy has bounced back smartly after a first quarter slump. Treasury yields rose to the highest in over a week at Canada Goose Online 2.63 percent on Wednesday in canada goose coats reaction canada goose factory sale to the data, which in turned helped lift the dollar against a basket of major currencies.

The dollar index inched up about 0.1 percent to 79.999, having pulled up from buy canada goose jacket an eight week trough of 79.740 plumbed on Tuesday.

Against the yen, the greenback rose 0.1 percent canada goose uk black friday to 101.87 yen, having only recently hit a six week low near 101.23.

ADP said private employers added 281,000 workers to payrolls last month, the largest since November 2012, cheap canada goose uk offering hopes for canada goose uk shop a healthy rise in nonfarm payrolls when the data is released later on Thursday.

economists agree with market consensus looking for uk canada goose outlet non farm payrolls to canada goose clearance sale rise by more than 200,000 for a fifth consecutive month, analysts at BNP Paribas wrote in a note to clients.

the forecast turns out to Canada Goose online be correct, this will mark the first five month run of above 200,000 prints since January 2000.

The euro canada goose to mall eased 0.1 percent to $1.3648. jobs data.

The buy canada goose jacket cheap ECB is unlikely to take fresh policy action at its July gathering after cutting interest rates to record lows canada goose coats on sale last month the deposit rate to below zero and revealing a 400 billion euro ($545.62 billion) loan programme.

no action is expected from the ECB canada goose store at its meeting today, we anticipate that it will maintain its dovish tone in the face canada goose black friday sale of cheap Canada Goose weak PMI prints, low inflation, and weak bank lending, said analysts at BNP Paribas.

AUSSIE STUNG canadian goose jacket The Australian dollar fell 0.7 percent to $0.9377. The Aussie pulled further away from an eight month peak of $0.9505 set on Tuesday, coming under pressure after Reserve Bank of Australia Governor Glenn Stevens warned investors they were underestimating the risk of a significant fall in the Canada Goose Jackets Australian dollar.

A weak reading on Australian retail sales also added to the already Canada Goose Parka soft tone of the Aussie uk canada goose dollar, which had retreated on Canada Goose sale Wednesday on profit taking in the wake of disappointing Australian trade data.

The Aussie drop below $0.9400 triggered stop loss selling, said Jeffrey Halley, FX trader for Saxo Capital Markets in Singapore.

Governor Stevens timed his talking down of the Australian dollar perfectly to coincide with a soft market, Halley said.

While the Aussie may find some support at levels around $0.9370 and $0.9355, canada goose a drop to $0.9300 is now on canadagoosetomall the cards, Halley added. (Additional reporting by Naomi Tajitsu in Wellington; Editing by Shri Navaratnam).