Business
Australian Dollar Analysis: AUD/USD Gyrates Following Mixed Jobs Data – DailyFX
AUD/USD is mixed following Thursday’s employment report and a wave of risk-off pressure emanating from Wednesday’s release of FOMC minutes.
AUD/USD, AU Employment Talking Points
- Australian employment change comes in at -30,600 against a previous gain of 77,000
- The Australian unemployment rate falls to 5.5%, however labor force participation also dropped
- AUD/USD pushed lower Wednesday following a wave of risk-off sentiment across all asset classes
Australian employment data largely disappointed on Thursday as total employment decreased by 30,600 jobs, against an expected gain of 15,000 jobs for April. Despite the miss, the country’s unemployment…
Continue Reading
-
General23 hours agoWe’ve all talked about potential economic consequences for Australia of Trump’s policies. Now they’re happening
-
Noosa News18 hours agoMoreton Bay oyster farm survives cyclone with help of wave wall innovation
-
Noosa News20 hours agoHelicopter pilots saving lives, providing food and fodder in flooded outback Queensland
-
Noosa News23 hours ago’Lethal new opioids’ prompt Wide Bay pill testing call