The Australian Dollar jumped markedly against the Greenback, owing to strong job market figures Thursday morning. The AUD/USD rose 0.23% or 18 base points to touch the peak of 0.7866, but keep an upward trend.
The Australian Bureau of Statistics showed that the country's labour marked faced the fastest yearly growth pace, putting the unemployment rate lower. Data showed the Australian employment climbed 19.8K in the prior month, showing the 12th straight month of gains, while unemployment rate fell modestly to 5.5% in the reported period. However, despite improvements in the job market, the pay growth is expected to remain subdued.
Historical Data Table: AU Employment Change | Economic Calendar for 18.10.2017 | ||||||||
Date | 15.06.2017 | 20.07.2017 | 17.08.2017 | 14.09.2017 | 19.10.2017 | 8:30 AM | UK Retail Sales | ||
Actual | 42.0K | 14.0K | 27.9K | 54.2K | 19.8K | 12:30 PM | US Unemployment Claims | ||
Forecast | 9.7K | 14.4K | 14.0K | 17.5K | 14.1K | 1:30 PM | Fed's George Speech | ||
Initial Reaction on Main Pairs | SWFX Sentiment Indexes | ||||||||
Open Price | Close Price | % Change | Longs | Shorts | |||||
AUD/JPY | 88.661 | 88.829 | 0.19% | AUD/JPY | 63.91% | 36.09% | |||
AUD/USD | 0.78487 | 0.78669 | 0.23% | AUD/USD | 39.96% | 60.04% | |||
EUR/AUD | 1.50421 | 1.50151 | -0.18% | EUR/AUD | 41.82% | 58.18% | |||
GBP/AUD | 1.68438 | 1.67994 | -0.26% | GBP/AUD | 70.85% | 29.15% |