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AUD/USD marked higher after the strong employment report

The employment market in Australia continues its strong trend, with 58K jobs added in July.

  • The jobless rate rose a tick to 4.2%
  • the participation rate hit a new high at 67.2%
  • Underemployment rate 6.3% (prior was 6.4%)
  • Underutilisation rate 10.6% (prior was 10.5%)

AUD/USD update:

Earlier:

This article was written by Eamonn Sheridan at www.forexlive.com.

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