Australian dollar lower following the jobs report

[forex4you]

Australian dollar lower following the jobs report

<p>The data is here:</p><ul><li><a href="https://www.forexlive.com/news/australian-december-unemployment-rate-35-vs-expected-at-34-and-prior-also-34-20230119/" target="_blank" rel="follow" data-article-link="true">Australian December unemployment rate 3.5% vs. expected at 3.4%</a></li></ul><p>It showed job losses in the month. </p><p>AUD/USD is falling a little in response. </p><p>See that data post linked above for more. In a nutshell with the cycle of RBA rate hikes job losses should be expected. As harsh as it sounds these are an intended effect of the hikes. </p>

                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: Australian dollar lower following the jobs report

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