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Jan 16, 2014
Dismal Australian employment figures, full time job losses a worry
The Australian employment change for December came at -22.6K vs 10K expected and 21K last, with the jobless rate at 5.8% vs 5.8% expected and 5.8% last. In terms of full time employment change, December saw -31.6K vs +15.5K last, with part-timers +9K vs +5.5K last. The participation rate came at XX vs 64.8% exp and 64.8% last.
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Jan 16, 2014
AUD/USD plummets to fresh 3-year lows after Australian jobs report
The AUD/USD accelerated to the downside after the release of economic data in Australia and tumbled, falling more than 80 pips in a few minutes from 0.8900, reaching at 0.8808, the lowest price since August 2010.
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