[ad_1]
The Reserve Bank of Australia follows the changing labor market situation for the timing of its next monetary policy move.
Here is the report of the Australian Bureau of Statistics on Jobs for June 2019:
Change of employment: + 0.5K
- expected + 9.0K, before + 42.3K
Unemployment rate: 5.2%
- forecast 5.2%, before 5.2%
- ps, go further in the decimals u / e is 5.24% in June compared to 5.19 in may.
Change of full-time job: 21.1K
Change of part-time job: -20,6K
Participation rate: 66.0% forecast at 65.9%
Unemployment rate unchanged. If she had progressed, she would have put pressure on the AUD. As it stands, the rate of u / e remains unchanged in the title.
For the AUD / USD pair, an increase:
—
As for the background and what the RBA is aiming at for the unemployment rate:
ForexLive
Source link
