AUDUSD Intra-Day Fundamentals - Australian Employment Change and 81 pips price movement

AUDUSD Intra-Day Fundamentals - Australian Employment Change and 81 pips price movement

11 June 2015, 12:11
Sergey Golubev
0
117
2015-06-11 02:30 GMT (or 04:30 MQ MT5 time) | [AUD - Employment Change]
  • past data is -13.7K
  • forecast data is 12.1K
  • actual data is 42.0K according to the latest press release

if actual > forecast (or previous data) = good for currency (for AUD in our case)

[AUD - Employment Change] = Change in the number of employed people during the previous month. Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity.

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  • Employment increased 42,000 to 11,759,600. Full-time employment increased 14,700 to 8,128,600 and part-time employment increased 27,300 to 3,630,900.
  • Unemployment decreased 22,000 to 745,200. The number of unemployed persons looking for full-time work decreased 23,500 to 514,500 and the number of unemployed persons only looking for part-time work increased 1,500 to 230,800.
  • Unemployment rate decreased 0.2 pts to 6.0%, based on unrounded estimates.
  • Participation rate remained steady at 64.7% from a revised April 2015 estimate.
  • Aggregate monthly hours worked increased 2.2 million hours (0.1%) to 1,631.8 million hours from a revised April 2015 estimate.

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AUDUSD M5: 81 pips price movement by AUD - Employment Change news event:

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