AUDUSD moves sharply lower kickstarted by weak employment. Bearish technicals kick in.
The AUDUSD moved sharply lower in trading today help by a weaker employment report from Australia and the breaking of some key technical levels as...
Tag : Employment
Australian Employment Fell in February, Raising RBA Rate Cut Odds
Australia’s labor market took a hit in February, with employment falling by 52,800. That’s worse than the expected 30,000 job gain! This also marked a...
AUD marked down on a very disappointing jobs report – employment 80K lower than expected
Over the past year or so we’ve had more or less steady gains in employment. Prior to this, the employment gains were more volatile. I...
Event Guide: Australia’s Employment Report (February 2025)
Now that the RBA is taking a more cautious approach to further easing, what will the upcoming jobs release imply for their next policy moves?
...
US February employment trends 108.56 vs 108.35 prior
Prior was 108.35 (revised to 109.45) This is a composite index so it doesn’t tell us any data we don’t already know but it’s a...
U.S. Employment Climbs Less Than Expected In February, Unemployment Rate Inches Higher
Employment in the U.S. increased by slightly less than expected in the month of February, according to a closely watched report released by the Labor...
U.S. Employment Climbs Slightly Less Than Expected In February
Employment in the U.S. increased by slightly less than expected in the month of February, according to a closely watched report released by the Labor...
Canada February employment change 1.1 K vs 20.0K estimate
Prior month 760 K (they were expecting 25.0K). Employment change 1.1 K vs 20.0K estimate. . Unemployment rate 6.6% vs 6.7% expected and 6.6% last...
Event Guide: Canada’s Employment Report (February 2025)
Can an upbeat Canadian jobs report convince the BOC to drop its dovish bias soon?
Or will we see another downside surprise that...
AUD marked higher after another very strong employment report from Australia
The RBA cut its cash rate on Tuesday and delivered a hawkish message. Not everyone believed them. Well, this jobs report nails the door shut,...