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Mar 18 - 09:48 PM

AUD/USD - Little Reaction To Solid Aus Jobs Report

By John Noonan  —  Mar 18 - 08:40 PM
  • AUD/USD virtually unchanged around 0.5770 after solid Aus jobs report

  • Jobs growth and unemployment better than expected in Feb nAZN0QN400

  • Market ignoring data as it doesn't include impact of coronavirus

  • AUD/USD traded as high as 0.5816 earlier when S&P futures moved higher

  • Move up was related to announcement of ECB emergency bond buying programme

  • Market now looking towards the RBA meeting when they are expected to ease nL1N2BB078

Source:
Refinitiv IFR Research/Market Commentary

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