Nathan Penny says the one of the biggest factors to this will be the US interest rate hike later this year.
This is the 12th straight month the US has added over 200,000 new jobs.
As a result, investors eschewed risk-sensitive currencies such as the kiwi and Australian dollars.
Investors are now nervous the Reserve Bank of Australia will cut interest rates next week.
Wall Street rallies after US House speaker says he is willing to put revenues up for negotiation.
Australia's capital expenditure figures tomorrow are expected to show the economy might be starting to slow.
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