July month employment statistics from the Australian Bureau of Statistics, up for publishing at 01:30 GMT on Thursday, will be the immediate catalyst for the AUD/USD pair traders. The figures become all the more important as traders will be keen to observe job recovery after the economic halt and amid the coronavirus (COVID-19) resurgence. Market consensus favors Employment Change to drop to 40.0K from 210.8K on a seasonally adjusted basis whereas the Unemployment Rate is likely to rise from 7.4% to 7.8%. Further, the Participation Rate may increase to 64.4% from 64.00% previous readouts. Westpac stays skeptical of ... (full story)