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AUD/USD marked lower after the poor employment report - is there a caveat though?

AUD/USD marked lower after the poor employment report - is there a caveat though?
The data is here, a large drop in full time employment makes the report even worse then the sad headlines:Australia July Jobs -14.6K (vs. +15K expected) & Jobless rate 3.7% (vs. 3.5% exp)But, the ABS have noted a warning on this data:“July includes the school holidays, and we continue to see some changes around when people take their leave and start or leave a job. It’s important to consider this when looking at month-to-month changes, compared with the usual seasonal pattern. The only other fal... Read More
Posted: Aug 17 2023, 01:51
Author Name: forexlive
Views: 092177

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