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Australian dollar caught a bid on the very strong Australian employments report

Australian dollar caught a bid on the very strong Australian employments report

News
Eamonn Sheridan
16/12/2021 | 00:53 GMT
  • November added 366K jobs and the jobless rate plunged to 4.6%

The data is here:

Australian employment report for November: Employment Change: +366.1K (expected 200K)

  • Australian labour market report for Nov. 2021 shows the unemployment rate at 4.6% (expected 5.0%)

A very solid report indeed.

AUD/USD had popped just a little, held back perhaps by a dovish RBA Governor Lowe earlier in the session:

AUD/USD chart:

aud chart 16 December 2021

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