Aussie retreats after employment data

Australian dollar fell in Asian trade after disappointing employment data, while the US dollar recovered against a basket of major rivals. 

AUD/USD fell to 0.7776 from the opening of 0.7782, with a session-high at 0.7799, and a low at 0.7763.

Australia's employment change rose 4.9 thousand in March, missing expectations of a 20.3K increase, while the February's reading was sharply revised to show a 6.3K drop, instead of the 17.5K increase. 

The unemployment rate came at 5.5% in March in line with expectations, with February's reading also revised to an identical 5.5%. 

The data weighed on aussie especially as the greenback rebounded on higher yields for long-term US treasury bills, which hit one-month highs.