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Nov 13 - 09:55 PM

AUD/USD - Recovers After Small Dip; Aus Jobs Growth Misses Forecasts

By Krishna K  —  Nov 13 - 07:55 PM
  • AUD/USD dips but recovers after Aus employment rises 15.9K vs 25K expected

  • Full time employment 9.7K; unemployment rate steady at 7.1%

  • Data unlikely to change hawkish stance of RBA; c.bank vigilant on inflation

  • RBA's Bullock says policy will stay restrictive until confident on inflation

  • Upside limited as Trump trade, China woes, lower commodities weigh

  • Support 0.6480, 0.6465-70, 0.6440, resistance 0.6515-20, 0.6545-50

  • Fed Chair Powell participates in Dallas event Wed; Asia range 0.64825-0.6499

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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