The Australian Dollar depreciated against the US Dollar, following the Australian Employment data set release on Thursday at 01:30 GMT. The AUD/USD exchange currency rate lost 25 pips or 0.36% right after the release. The Ausie continued trading at the 0.6915 level against the Greenback.

Australian Bureau of Statistics released the Australian Unemployment Rate data, which came out worse-than-expected of 5.2% compared with forecast 5.1%. Note, that the Australian Employment Change data was released at the same time.

According to the release: "Employment increased 42,300 to 12,868,200 persons. Full-time employment increased 2,400 to 8,792,900 persons and part-time employment increased 39,800 to 4,075,400 persons. Unemployment decreased 2,400 to 704,700 persons. Unemployment rate remained steady at 5.2%. Participation rate increased 0.1 pts to 66.0%. Monthly hours worked in all jobs decreased 5.9 million hours to 1,775.0 million hours."


This overview can be used only for informational purposes. Dukascopy SA is not responsible for any losses arising from any investment based on any recommendation, forecast or other information herein contained.

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