Showing posts with label AU Employment. Show all posts
Showing posts with label AU Employment. Show all posts

September 10, 2009

Forex Responses to Australian Employment Change

Australian employers cut 15000 jobs in August. Aussie depreciated in response to the report. The following chart shows the market reaction.

July 10, 2008

Undecided Makes no Profit

Australian dollar appreciated against dollar in response to the strong job market. I had it in mind from the beginning of this week but I had no specific plan to take a position.