AUD/USD drops following higher than expected Aussie Unemployment Rate
Thursday, 20 February 2020 08:08 WIB | CURRENCIES |AUD/USD,Dolar Australia,Dolar AS

AUD/USD declines to 0.6678 after flashing the intra-day low of 0.6668 as Australia™s employment data disappoints Aussie traders on early Thursday.

Australia™s January month employment data suggest the headlines Employment Change rose well beyond 10K to 13.5 whereas the Unemployment Rate also increased by 5.3% against 5.2% expected. Further details indicate that the Fulltime Employment and Part-Time Employment levels registered mixed play with the former rising from -0.3K to 46.2 while the latest declining from 29.2K to -32.7K. Additionally, Participation Rate inched up to 66.1% from 66.0% prior and expected.

Source : FXstreet

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