US EditionAustralian Dollar in Free Fall over Shock Data
AUSTRALIA, JUL 17 – Australian unemployment rose to 4.3% in June with only 2,000 jobs added, prompting a 98% market chance of a Reserve Bank of Australia rate cut in August, analysts say.
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Aussie dollar falls as unemployment unexpectedly rises
The Aussie dollar has fallen back below 65 US cents, and the share market has added to gains, on unexpectedly weak jobs numbers. US President Donald Trump says he is not planning to fire Federal Reserve chair Jerome Powell. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
The Australian dollar descends after the disappointing employment data - World Stock Market
The Australian dollar falls as the weakest employment data reinforces the case for RBA features. The change of employment in Australia was 2K in June, compared to the expected 20k, while the unemployment rate rose to 4.3%. Trump announced plans to notify more than 150 countries in a single letter about an upcoming 10%tariff. The Australian dollar (AUD) depreciates against the US dollar (USD) on Thursday, going back their recent profits from the …
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