Australian employment rebounded in October. Australia’s jobless rate slightly increased as more individuals actively sought employment. Markets see little justification for the RBA to hike in December. The Aussie’s dip following a mixed employment report sparked a hint of bearish sentiment in Thursday’s AUD/USD forecast. Australian employment rebounded in October following a sluggish period the…
The post AUD/USD Forecast: Mixed Jobs Data Weighs on Aussie appeared first on Forex Crunch.
Read Full Story
Latest posts by Forex Crunch (see all)
- USD/CAD Weekly Forecast: Slowing US Economy Dents Dollar - April 27, 2024
- USD/JPY Price Analysis: BoJ’s Inaction Weakens Yen - April 26, 2024
- GBP/USD Outlook: Dollar Slides on Disappointing GDP Figures - April 26, 2024