Aussie Jobs Data was Mixed: Headed Higher - Forex News by FX Leaders

Aussie Jobs Data was Mixed: Headed Higher

Posted Thursday, August 17, 2017 by
Rowan Crosby • 1 min read

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.

AUD Jobs

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About the author

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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