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- Breaking: Australian jobs report is not looking good for AUD bulls
Breaking: Australian jobs report is not looking good for AUD bulls
Australia’s monthly labour market data has been released as follows and it is not going to be favourable to AUD:
Australian Employment Change Oct: -46.3K (exp 50.0K; prev -138.0K).
Unemployment Rate Oct: 5.2% (exp 4.8%; prev 4.6%).
Participation Rate Oct: 64.7% (exp 64.8%; prev 64.5%)
AUD/USD is moving lower on the release, losing some 0.13% at the time of writing:
More to come...
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