The Australian Dollar slumped in the face of a recovering U.S. Dollar Wednesday as markets responded to global developments ahead of publication of unemployment and jobs numbers for May, which are important for the trajectory of the Antipodean currency over the coming weeks. Consensus is for the economy to have created 16k new jobs in May, down from 28.4k in the previous month, and for the unemployment rate to decline from 5.2% to 5.1% when the data are published by the Australian Bureau of Statistics at 02:30 London time. "Our AU economists look for employment growth above consensus but driven by ... (full story)