Apr 11, 2013
Forex: AUD/USD around 1.0550 ahead of Aus jobs data
AUD/USD is last at 1.0544, off recent weekly highs at 1.0552, highest since Jan 23. The pair is up +1.59% for the week so far after a weak start in the Asia-Pacific Monday morning printing weekly lows on some stop loss hunting below the 1.0350 key mark, ahead of later on key risk event for the session in the form of Australia jobs report at 01:30 GMT. According to a Bloomberg survey a total loss of -7500 jobs is forecasted, with unemployment rate unchanged at 5.4%.
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