At 1700 AEDT on Thursday, the currency was trading at 72.86 US cents, up from 72.15 cents on Wednesday.
Late in the morning it peaked at 73.33 US cents after the Australian Bureau of Statistics released the surprisingly upbeat jobs data.
The unemployment rate fell to 5.8 per cent in November, its lowest level in almost two years and the total number of people with a job rose 71,400 in the month, beating economists' forecast for jobs to fall by 10,000.
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It also builds on a gain of over 56,000 jobs the month before to produce the strongest two-month period of jobs growth since December 1987 and January 1988.
Easy Forex currency dealer Andreas Tjahja said this was a positive sign for the Australian economy that is transitioning away from being driven by mining investment.
"It was the strongest two-month streak in some time which drove the Aussie higher," he said.
"It has since pulled back a little bit because people are still skeptical about how the ABS conducts the survey but at the end of the day it is still a very good figure which shows we are rebalancing from the mining industry to services."
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