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AUD/USD stays pinned down after softer jobs report earlier today

The pair is down 0.5% today to touch 0.6300 and we are trading near the lows for the day at the moment. It comes after a softer jobs report here, even as the unemployment rate ticked lower (which was mostly due to the lower participation rate).As seen in the daily chart above, the pair has been on a steadily declining trend since the break below 0.6500 in August. There have been several attempts to contest that break at the figure level but sellers have been steadfast in holding the downside mom... Read More

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Aud

Usd

Stays

Pinned

Down

After

Softer

Jobs

Report

Earlier

Aud usd

Forex

Posted: Oct 19 2023, 08:43

Author Name: forexlive

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