Australian Dollar Dipped
The Australian Dollar had a look lower after the unemployment rate came in at 3.5% for December against 3.4% previously and forecast. There were -14.6k fewer jobs which were below the 25k forecast to be added and 58k prior. Although a small miss, the unemployment rate continues to linger near multi-generational lows. Today’s numbers show...
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The US consumer price index (CPI) release this past session did not disappoint in its ability to generate volatility. However, its contribution to clear trend development was certainly uneven. On the one hand, the Dollar absorbed a clear hit that would extend the productivity of its bearish slide these past months. Alternatively, the supposed benefits...
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