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Aussie sharply higher in the wake of the.....>

AUSSIE
AUSSIE: Aussie sharply higher in the wake of the latest AU labour market report,
with a much stronger than expected headline reading of +32.8K jobs added, with
marginally +ve revisions, meaning that the unemployment rate held steady at 5.0%
vs. exp. for an uptick to 5.1%. Furthermore, the additions were solely driven by
full time jobs growth.
- AUD/USD last at highs of $0.7274, ~40 pips higher on the day. Rate has broken
above the 100-DMA at $0.7258, with bulls looking to $0.7300 and the November 08
high of $0.7302 just above.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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