Aussie Jobs Data was Mixed: Headed Higher

Aussie jobs were in focus this morning and they had the potential to shake things up.

While the headline jobs number appeared to be strong for the Aussie economy, unfortunately there was also a decrease in the number of full time jobs. What this means for traders is that we still have a ways to go before reaching 80 cents.

We're drifting higher since the release, however In the short term we might need to wait on US traders to see if the FOMC momentum can continue.

ABOUT THE AUTHOR See More

Rowan Crosby

Asia-Pacific Analyst

Rowan Crosby is a professional futures trader from Sydney, Australia. Rowan has extensive experience trading commodities, bonds and equity futures in the Asian, European and US markets. Rowan holds a Bachelor of Finance and Economics degree and is focused heavily on Investment Finance and Quantitative Analysis.

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