Australian dollar extending its losses, USD more broadly higher

The Australian dollar dropped after the employment report:

Australian December unemployment rate 3.5% vs. expected at 3.4% and prior also 3.4%

Australian dollar lower following the jobs report

AUD/USD has extended lower still, to just under 0.6900.

  • NZD/USD has lost some ground with it.
  • EUR is a touch softer. USD/JPY has gained back top above a128.60
  • in keeping with the jitters over growth that have shifted markets since US time, oil is trading a touch lower also

Apart from what has been posted there is nothing fresh.

audusd chart 22 19 January 2023

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