US dollar turned up after closing in red yesterday
The market sentiment is mixed, but there are still interesting movements on the market.
Australian jobs data
| The Australian dollar is highly volatile. As the Reserve Bank of Australia does not aim at rate hikes, the Australian currency needs a support. Last time jobs data were not supportive. If this time the number of employed people rises and the unemployment rate goes down, traders can expect the AUD to strengthen. The Australian employment change and the unemployment rate will be released at 4:30 MT time on May 17. |
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How will the jobs data affect the AUD?
The Australian jobs data is announced on Thursday at 03:30 MT time.
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