Will the Australian jobs data push the AUD?

Will the Australian jobs data push the AUD?

The levels of employment change and the unemployment rate for Australia are expected on April 18, at 4:30 MT time.

Job creation is an important indicator, which is connected to consumer spending. The more people are employed, the more money they can spend. Last time the level of employment change came out much lower than the expectations (4.6K vs 14.8K). At the same time, the unemployment rate fell to 4.9%. Let's see if the indicators support the Australian currency this time.

• If the employment change is higher and the unemployment rate is lower than the forecasts, the aussie will rise;

• If the employment change is lower and the unemployment rate is higher than the forecasts, the aussie will fall.

Check the economic calendar

Screenshot_3.png

                                                                                                             TRADE NOW

Similar

Latest news

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

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