Data post is here ... its a good result!
Australia Feb Employment change +77.4K (expected +37K) & Unemployment 4.0% (expected 4.1%)
AUD/USD has inched a little higher:
Even prior to this very solid report analysts had been dragging forward their expectations for Reserve Bank of Australia rate hikes:
- Morgan Stanley brought forward their forecast for a rate hike to August from November
- Citi are now projecting 3 RBA rate hikes in 2022, beginning in August
