The typical/expected impact on AUD pairs is high.
The consensus forecast for Unemployment Rate s.a. is 4.2%. A higher value than forecast tends to be bullish for xxx/AUD pairs and bearish for AUD/xxx pairs.
Lower numbers than forecast tend to be bullish for xxx/AUD pairs and bearish for AUD/xxx pairs.
The most recent announced value for Unemployment Rate s.a. was 4.2% against a forecast of 4.1%.
Recent economic data has been moderately bearish for AUD. Other recent announcements which may affect the market's interpretation of the next Unemployment Rate s.a. result:
Previous | Latest | ||||
---|---|---|---|---|---|
Consumer Inflation Expectations | Bearish change | 4.5% | 4.4% | ||
Westpac Consumer Confidence | Bearish change | 2.8% | -0.5% | ||
Exports (MoM) | Bearish change | 1.4% | 0.7% | ||
Imports (MoM) | Bearish change | 0.4% | -0.8% | ||
Trade Balance (MoM) | Bullish change | 5425M | 6009M |
Country: | Australia |
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Currency: | AUD |
Source: | Australian Bureau of Statistics |
Category: | Labor Market |
Frequency: | Monthly |