The Australian Dollar was little moved after the March unemployment rate came in at 4.0% against the 3.9% forecast and 4.0% previously. The overall change in employment for the month was 18k instead of 30k anticipated. Full time employment increased 21k, while part time jobs decreased 3k. The unemployment rate remains at a 14-year low. Today’s date is ahead of the all-important first quarter CPI number on April 27th. It could prompt the RBA into rates lift-off in the middle of a federal election campaign at their May meeting. The RBA have form in doing so, they raised rates in the middle of an election campaign in ... (full story)