AUD was suppressed for more than 3 weeks now!
When is the Aussie jobs report and how could it affect AUD/USD?
Australian jobs report (Aug) Australia's monthly jobs report is back on the cards for Asian markets today. The report will be released at 0130 GMT. Aug employment is expected by analysts at Westpac and the market to increase by 20k. "However, the market sees unemployment steady at 5.6% while Westpac forecasts a tick up to 5.7%. Note that unemployment was rounded down from 5.65% in July," the analysts explained. How could the data affect AUD/USD? AUD/USD has tipped toed into unchartered waters of late, certainly to levels that would be alarming to the RBA with gravity pulling the pair back from the 0.8120 mark ... (full story)
- Posted: Sep 13, 2017 8:40pm
- Submitted by:Category: Fundamental AnalysisComments: 1 / Views: 1,027