TOKYO, Oct 7 (Reuters) - The Australian dollar rose to its highest in 27 years against the U.S. dollar on Thursday, after an impressive jump in domestic employment revived speculation that rate hikes may be in the offing.
The Australian dollar rose as far as $0.9875, up 1 percent on the day, after taking out resistance at $0.9851, and hit its highest since it was floated in 1983. (Reporting by Charlotte Cooper; Editing by Edmund Klamann)