AUDUSD flirting with 2-month lows
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$AUDUSD shrug-off mixed jobs data, spikes to fresh session peak

AUD/USD shrug-off mixed jobs data, spikes to fresh session peak

AUDUSD

  • Buz Investors AUDUSD shrug-off mixed jobs data The pair is trading at 0.7557 at 10:40 GMT this morning, with the Australian Dollar trading 0.71% higher against US Dollar from the New York close.
  • Overnight data indicated that Australia’s seasonally adjusted unemployment rate unexpectedly edged higher in December. This morning, the pair traded at a high of 0.7573 and a low of 0.7490. The Australian Dollar traded 0.68% lower against the US Dollar in the New York session
  • yesterday, with the pair closing the session at 0.7504. The pair is expected to its find support at 0.7507 and its first resistance at 0.7590.




AUDUSD shrug-off mixed jobs data

Buz Investors AUDUSD shrug-off mixed jobs data The pair is trading at 0.7557 at 10:40 GMT this morning, with the Australian Dollar trading 0.71% higher against US Dollar from the New York close. Overnight data indicated that Australia’s seasonally adjusted unemployment rate unexpectedly edged higher in

AUDUSD shrug-off mixed jobs data The AUD/USD pair reversed blended Australian jobs statistics-led modest decline to sub-zero.75 mark and has now risen to a clean session height near 0.7535 level.

market appears to have digested an unexpected upward push in the Australian unemployment price, which rose to the highest stage on account that January 2016 to 5.eight% as compared to previous month’s five.7% and anticipated. furthermore, a higher-than-expected rise within the quantity of hired humans at some point of December also countered the disappointing unemployment price and attracted some renewed shopping for interest close to the very vital two hundred-day SMA location.

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AUDUSD shrug-off mixed jobs data 

meanwhile, superb sentiment surrounding commodity space, particularly Copper, additionally underpinned demand for commodity-linked currencies, which include the Australian dollar, and is collaborating to the pair sharp restoration from consultation low.

subsequent in awareness would be US economic docket, whilst the wider marketplace chance sentiment and a observe thru effect of hawkish comments from the Fed Chair Janet Yellen might additionally make a contribution towards figuring out the pair’s flow on Thursday.

major currencies: (EUR-USD) (USD-JPY) (GBP-USD) (USD-CHF), (USD-CAD), (AUD-USD)




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