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Late Equity Roundup: Mildly Lower on Week

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Remains Above The 50-Day EMA

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AUD

After an initial spike lower following the data AUD/USD is making progress higher, last up 12 pips at 0.7740.

  • The report showed employment fell 30.6k in April against expectations of a 20.0k gain. The economy gained 33.8k full time jobs, while losing 64.4k part time jobs. The participation rate fell 0.3ppts to 66.0% which saw the unemployment rate fall to 5.5% from a revised 5.7%.

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