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.
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