The Australian Dollar extended losses against the US Dollar this past week. Despite a more-hawkish Reserve Bank of Australia at the beginning of this month, prevailing risk aversion in financial markets is weighing on the sentiment-linked currency. In the week ahead, traders should be mindful of the Australian jobs report. On Wednesday, the country is expected to add 30k jobs in April as the unemployment rate declines to 3.9% from 4.0%. That would be the first time on record to see the figure below 4%. This could fuel more hawkish RBA policy expectations, potentially boosting the Australian currency. With that in ... (full story)