Dramatically Rising Australian Dollar & Employmant
Publish Date : 2019/08/15 - 05:40

The Australian Dollar rose Thursday on news that its homeland’s formidable job-creation machine continues to fire.

Employment rose dramatically to 41,000 in July, according to official data, while the unemployment rate remained stable at 5.2%.

The data for July is as follows:

Australian full-time employment changes in July are 34.5K versus 21.1K in the past.

Australia's part-time job changes in July were 6.7K versus -23.3K in the past.

The participation rate in July was 66.1% (versus the expected 66% and its past 66%).

AUDUSD certainly made gains on the release, powering up to a new session high.

Source : Dailyfx

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