Australia Labour Force | Forex Factory

  • Australia Labour Force

    From abs.gov.au

    Employment decreased to 11,636,600. Unemployment increased to 716,000. Unemployment rate remained steady at 5.8%. Participation decreased 0.1 pts to 64.7%, based on unrounded estimates. Aggregate monthly hours worked decreased to 1,636.0 million hours. SEASONALLY ADJUSTED ESTIMATES (MONTHLY CHANGE) Employment decreased 22,600 to 11,629,500. Full-time employment decreased 31,600 to 8,067,700 and part-time employment increased 9,000 to 3,561,800. Unemployment increased 8,000 (1.1%) to 722,000. The number of unemployed persons looking for full-time work increased 13,300 to 532,400 and the number of unemployed persons ... (full story)

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eqshack
Jan 16, 2014 1:58am
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those are most likely season workers.
i dont waste my time to open that data file..lol
Unemployment Rate stays same.I see nothing worsening because CAD and AUD Employment Change - jump every month from -20 to +20 for example.
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fx-trader777
Jan 15, 2014 6:51pm
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AUDCAD went down pretty nice. Why, because CAD was oversold and USDCAD couldn't go further up, so I targeted quick 30 pips with large lot. Unfortunately I was seconds late when 40 pips move already was in place
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fx-trader777
Jan 15, 2014 6:53pm
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My economic background says that there might be spillover Effect to New Zealand economy. So I wouldn't exclude if NZDUSD follows today or little bit later. Also AUDNZD is oversold. So I think big probability NZDUSD to go down
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ForexMGames
Jan 15, 2014 9:36pm
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Quoting fx-trader777
I always wonder who are those guys who sell in less than 1 second after News Release.
These are the algos (computer traders). Computer programs buying and selling in less than an eye blink.
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champoooy
Jan 15, 2014 8:15pm
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Aussie should rebound atleast @ 0.8881 levels. But if it breaks 0.8800 again, expect a bearish rally for there will be continuous "SL"s of the Long traders. Open position ratio shows that more than 60% are on "LONG"
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mmforexinfo
Jan 15, 2014 7:16pm
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This employment indicator just shows the crap government leadership we have.
The AUD needs to be low so it will help the country economy but only that will help. This morons in the power need to do some serious work so the country can back on the track. I personally don't see a bright future for the country with those idiots governing us. Actually I see a recession getting closer and closer.
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Greener
Jan 15, 2014 7:01pm
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Quoting pcca-matrix
what a coincidence this worst number when rba want a low aud !
cheaper CAD and AUD mean cheaper commodities/resources. Just imagine who takes advantage of that apart from Canada and Australia.
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wlarimer
Jan 15, 2014 8:02pm
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Quoting Dark Force
AUD seems doomed....
65. to .75 aud/usd would put austrailia back into a position of being able to sell goods beside resources. Not doom, but resurgence of Aussie economy.
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nanningbob
Jan 15, 2014 8:00pm
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Quoting Dark Force
those are robots, manually it is not possible to trade that fast.
The bank traders get the first crack at it before the brokers do. We are last.
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Capelli
Jan 15, 2014 6:40pm
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Open season to short the AUD
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Capelli
Jan 15, 2014 6:54pm
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Quoting pcca-matrix
what a coincidence this worst number when rba want a low aud !
why are you using the word "coincidence". You didnt know.......
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Capelli
Jan 15, 2014 7:09pm
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200 pips up for EUR/AUD. I guess I should have gone there instead
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jegas
Jan 15, 2014 6:46pm
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It should go further down !
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fx-trader777
Jan 15, 2014 7:04pm
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I always wonder who are those guys who sell in less than 1 second after News Release.
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pcca-matrix
Jan 15, 2014 6:49pm
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what a coincidence this worst number when rba want a low aud !
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pcca-matrix
Jan 15, 2014 7:06pm
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Quoting Capelli
why are you using the word "coincidence". You didnt know.......
right , i dont know !
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champoooy
Jan 15, 2014 8:09pm
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Quoting fx-trader777
I always wonder who are those guys who sell in less than 1 second after News Release.
Banks
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Greener
Jan 15, 2014 7:17pm — Edited
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if I am not wrong they said once they wanted to push it down to 0.85.
They also had mentioned a rate cut in February 2014.
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Dark Force
Jan 15, 2014 8:19pm
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Quoting champoooy
Aussie should rebound atleast @ 0.8881 levels. But if it breaks 0.8800 again, expect a bearish rally for there will be continuous "SL"s of the Long traders. Open position ratio shows that more than 60% are on "LONG"
it is already obvious its gonna be sell rally, but lets see.
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111ForexGuru
Jan 15, 2014 9:55pm
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If RBA wants AUDUSD to be around 0.8500 , then we will be there. Similar for ECB and BOE where Draghi and Carney want weaker Euro and Sterling. So its more like a competition where all developed countries want weaker currencies and developing and under-developed countries want a stronger currency. The only difference is that the developed economies have had their way of weaker currencies and the other developing and under-developed have failed for stronger currency achievement.
What to expect next? Further fall or sudden rise?
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Deddy Fang
Jan 16, 2014 1:20am
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Quoting mmforexinfo
This employment indicator just shows the crap government leadership we have.
The AUD needs to be low so it will help the country economy but only that will help. This morons in the power need to do some serious work so the country can back on the track. I personally don't see a bright future for the country with those idiots governing us. Actually I see a recession getting closer and closer.
That's right
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acuk
Jan 15, 2014 6:48pm
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i dont think so...i hope aud go back to the air
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Dark Force
Jan 15, 2014 6:56pm
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AUD seems doomed....
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Dark Force
Jan 15, 2014 7:12pm
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AUD is under valued.
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LibraLanders
Jan 15, 2014 7:17pm
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Quoting fx-trader777
I always wonder who are those guys who sell in less than 1 second after News Release.
LOL
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Dark Force
Jan 15, 2014 7:22pm
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Quoting fx-trader777
I always wonder who are those guys who sell in less than 1 second after News Release.
those are robots, manually it is not possible to trade that fast.
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Trader#459B
Jan 15, 2014 9:12pm
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Don't jump in head first yet. It's at a support level now. If you missed where you should have been short before the news, then you obviously weren't paying attention. Watch for a pull back from the support level and if there is a close below the support, then pay attention.
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Trader#54E0
Jan 16, 2014 12:52am
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Look for RBNZ intervention soon since their currency is getting strong enough to hurt exports.
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