Free Trial

The latest labour market report out of.......>

AUSSIE
AUSSIE: The latest labour market report out of Australia stoked some limited
volatility in AUD crosses, but the currency returned to pre-release levels after
the dust settled. A much firmer than expected uptick in employment was driven
solely by part-time jobs. Coupled with a larger than expected increase in
participation, it resulted in a higher unemployment rate. Underutilisation and
underemployment moderated, but still remain elevated.
- AUD/USD last sits at $0.6995, 13 pips worse off. AUD/JPY last seen -11 pips at
Y74.83. AUD/NZD trades flat at NZ$1.0663. Familiar technical pictures remain in
play.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.