The October jobs report from Australia was not as strong as we have become accustomed to:
- Australian October unemployment rate 4.1% (vs. 4.1% expected)
It was not a poor report, just not another blockbuster!
AUD/USD is not a lot changed. Earlier we had Reserve Bank of Australia Governor Bullock sounding not dovish:
- RBA Bullock says rates are restrictive enough, staying there until confident on inflation
This article was written by Eamonn Sheridan at www.forexlive.com.
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