Data on the Australian workforce is here:
- A downside surprise will be ruled out with Sydney starting its reopening and Melbourne set to do so, so the economy is expected to rebound
Even more important for traders in this overview I said something else:
- AUD is hostage to offshore developments, not national data.
Sure, job data is important, but not a lot right now.
AUD has barely budged from the data:
Invest in yourself. See our forex education center.