The Australian Dollar depreciated against the US Dollar, following the Australian Employment data set release on Thursday at 01:30 GMT. The AUD/USD exchange currency rate lost 25 pips or 0.36% right after the release. The Ausie continued trading at the 0.6915 level against the Greenback.
Australian Bureau of Statistics released the Australian Unemployment Rate data, which came out worse-than-expected of 5.2% compared with forecast 5.1%. Note, that the Australian Employment Change data was released at the same time.
According to the release: "Employment increased 42,300 to 12,868,200 persons. Full-time employment increased 2,400 to 8,792,900 persons and part-time employment increased 39,800 to 4,075,400 persons. Unemployment decreased 2,400 to 704,700 persons. Unemployment rate remained steady at 5.2%. Participation rate increased 0.1 pts to 66.0%. Monthly hours worked in all jobs decreased 5.9 million hours to 1,775.0 million hours."
Historical Data: Australian Unemployment RateDate | 21.02.19 | 21.03.19 | 18.04.19 | 16.05.19 | 13.06.19 |
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Actual | 5.0% | 4.9% | 5.0% | 5.2% | 5.2% |
Forecast | 5.0% | 5.0% | 5.0% | 5.0% | 5.1% |
Initial Reaction on Main PairsPair | Open | Close | Change |
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AUD/JPY | 75.18 | 75.092 | -0.12% |
AUD/USD | 0.69291 | 0.69215 | -0.11% |
EUR/AUD | 1.62977 | 1.63148 | 0.10% |
GBP/AUD | 1.83198 | 1.83397 | 0.11% |
June 13, 2019 Open PositionsPair | Longs | Shorts |
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AUD/JPY | 73.4% | 26.6% |
AUD/USD | 71.3% | 28.7% |
EUR/AUD | 27.3% | 72.7% |
GBP/AUD | 74.1% | 25.9% |
Economic Calendar for June 14, 2019GMT | Currency | Event | Forecast | Previous |
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12:30 | USD | Core Retail Sales m/m | 0.5% | 0.1% |
12:30 | USD | Retail Sales m/m | 0.7% | -0.2% |
12:55 | CHF | BOE Gov Carney Speaks | - | - |