Jan 14, 2016
Aussie jobs strong report, dubious? Downside resumes
AUD/USD initially spiked a marginal number of bullish pips, but then price resumed the downside, despite the jobs data that showed a lower than expected participation rate of 65.1% vs 65.2%, an unemployment rate of 5.8% vs 5.9% expected, -1k employment change headline vs -12.5k expected and an employment rate of 17.6k for December.
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