AUDUSD Jumps on Upbeat Employment Data
The Australian Dollar spiked following the release of impressive employment data. 25.7 thousand jobs were added, beating the 15.0 thousand forecasts with the previous report being revised upward from 4.6 thousand to 10.7 thousand. While the unemployment rate did rise to five percent – as analysts had estimated – so too did the participation rate.
AUD/USD LONG (Buy)
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