AUD/USD flows: Employment Beats

The December Australian Employment report is a strong beat. Headline employment changes beat estimate at 65.2k while unemployment rate dropped to 4.1% with participation rate unchanged. Overall, this is a red hot report that shows recovery from the disappointment in November. 

The Aussie jumped higher on the report as market participants speculate such will lead to RBA reviewing their chance of hiking. AUD/USD is trading 0.57% higher at 0.6800.