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AUD/USD: Jobs report rocket running out of fuel?

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 12, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Yesterday, we noted that the “Eye of the Market” had shifted to the Asian-Pacific region , and as we found out in today’s Asian trading session, that extra attention was warranted. Australia’s employment report overnight showed that the AU economy created a jaw-dropping 58,600 jobs in the month of October, crushing expectations of a 15,000 increase. This marked the largest jump in employment since March of 2012, and it drove total employment in the island nation to 11.84M, the highest level on

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