Any prospects for the AUD?

Any prospects for the AUD?

What will happen?

Australian jobs data is published on May 20, at 04:30 GMT+3.

In December and January, the labor market in Australia was matching the forecasts almost up to a decimal. Starting from February, actual figures started exceeding the market expectations manifold. That was a solid indication that there is a steady trend for recovery in the Australian economy. That’s why the forecasts for the coming data are optimistic.

How to trade the jobs data?

The expected Australian employment change is 80K. That means most observers believe that the country’s labor market will have added 80K jobs in April – which is almost exactly as the March figure of 70.7K. If April’s employment change will be higher than that, it will be good news for the Australian economy that may push the AUD. Otherwise, disappointed investors and traders may dump the AUD and make it lose value.

  • If the actual jobs data exceeds forecasts, the AUD may rise;
  • Otherwise, it may lose value.

Instruments to trade: AUD/USD, AUD/CAD, AUD/CHF, AUD/JPY

Check the economic calendar

AUD1.jpg

                                                                                           LOG IN

Similar

Soon Bullish Rally for Gold
Soon Bullish Rally for Gold

The winter is coming, and risky markets expect a rally to come with it. Will this December be bullish for stocks, crypto, and gold? A pack of news will surely help you out.

The Worst Day for Bears Ever
The Worst Day for Bears Ever

Bloomberg says yesterday’s movement was so far the wildest. It was the first time in history for the US500 to crash by 2% and close the day 2.8% above the neutral line. There’re several possible reasons for the move.

Latest news

Market Crash Incoming?
Market Crash Incoming?

This week may be the most important since the year started as the Fed assess the economic outlook and the US presents fresh NFP readings.

What Currency Will Overperform?
What Currency Will Overperform?

S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.

Deposit with your local payment systems

Feel the Team Spirit

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera