Sunday, May 18, 2014

AUDUSD's Recent Strength Has Been Underpinned By Renewed Faith In Australia's Labour Market

The Australian dollar has been the strongest performing G10 currency against the US dollar this month (AUDUSD is up around 1% in May). The commodity currency's recent strength is being supported by renewed faith in Australia's labour market. While April's employment report certainly wasn't the first strong labour market report



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