Article By RoboForex.com
AUDUSD remains under slight pressure and continues falling.
The Australian Dollar has been slowly falling against the USD for the last several days. The current quote for the instrument is 0.7311.
The statistics published in the morning showed that the Unemployment Rate in Australia dropped to 4.5% in August after being 4.6% the month before and against the expected reading of 5.0%.
At the same time, the Employment Change was -146.3K after being 3.1K in July and against the expected reading of -78K.
People find it very difficult to find a job and be available for employability during lockdowns. Some restrictions that are still effective do complicate the labour sector recovery. Such mixed statistics may indicate that the sector remains unstable and can’t provide enough support to the country’s economy.
Free Reports:
Get our Weekly Commitment of Traders Reports - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.
Download Our Metatrader 4 Indicators – Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter
The factor that prevents the Aussie from falling much lower is the current weakness of the American Dollar.
Article By RoboForex.com
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
- Optimism surrounding the US-China summit in Beijing supported the markets May 15, 2026
- Gold Falls on US Inflation Concerns as Week Ends in Losses May 15, 2026
- The oil market may remain in a state of severe supply shortage until autumn May 14, 2026
- GBP/USD Under Policy Pressure: What Lies Ahead for the Prime Minister? May 14, 2026
- European stock markets declined amid rising concerns about an energy crisis May 13, 2026
- USD/JPY Continues to Climb Amid External and Domestic Pressures May 13, 2026
- You can change your emotions – but it’s a 2‑step process that takes some effort May 12, 2026
- The United States rejected Iran’s proposal for resolving the conflict. Oil prices surged again May 12, 2026
- EUR/USD on Edge: Middle East and China in Focus May 12, 2026
- The US stock indices continue to set new records. China’s exports showed a sharp increase May 11, 2026
