Australian dollar lower following the jobs report

The data is here:

It showed job losses in the month.

AUD/USD is falling a little in response.

audusd job losses December 2022

See that data post linked above for more. In a nutshell with the cycle of RBA rate hikes job losses should be expected. As harsh as it sounds these are an intended effect of the hikes.

Top Brokers

Sponsored

General Risk Warning