Australian jobs weak: only adds part time, rate at 5.7%

FXstreet.com (Barcelona) - The Australian Employment Change s.a. for the month of June came at 10,300 vs -2,500 expected and +1,100 last May. The unemployment rate stood at 5.7% vs 5.6% market consensus and 5.5% expected. Looking at the split between part-time and full-time jobs numbers, the number reflected a rise in part-time by 14,800 and a decline in full-time by 4,400. The participation rate came at 65.3% vs 65.2% expected

AUD/USD above 0.9250 after Aus jobs report

The AUD/USD foreign exchange rate is last trading at 0.9235 bids, on the back of better than expected Australian jobs figures rising to +10k vs -2.5k expected, even though unemployment rate rises to 5.7% vs 5.6% expected, and previous at 5.5% is revised higher to 5.6%.
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AUD/NZD treading water above 1.1650

The AUD/NZD foreign exchange cross rate is last trading at 1.1666, off recent session lows at 1.1616, printed on the back of Kiwi strength.
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