Australian Dollar Falls After Unemployment Rate Rises

May 16,2019 19:37   Source:Earnforex
The Australian dollar fell today following the release of employment data. While the report had both positive and negative parts, markets preferred to focus on the negative ones. Additionally, the monetary policy outlook worsened. The Australian Bureau of Statistics reported that the number of employed people rose by 28,400 in April, which exceeded the consensus forecast of a 15,200 increase. But the growth was due to part-time jobs, while the number of full-time jobs decreased. The participation rate […]

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