Published: 2024-07-18T05:07:13.000Z
AUD/USD flows: Another strong employment report
FX Analyst
1
Australian June headline employment change 50.2k, unemployment rate 4.1% and participation rate 66.9%.
Another strong labor report for Australia in June, employment change came in stronger at 50.2k while unemployment rate ticked up 4.1% but participation rate also rose to 66.9%. This continues to point towards a solid employment market in Australia and reinforces RBA's latest view in pushing back any early easing speculation.
AUD/USD is trading 0.11% higher at 0.6737.