Aussie Bounces on Strong Employment Data, But Concerns Over China Keep Gains in Check

Australian Dollar saw a modest rebound in the Asian session today, buoyed by much stronger-than-expected employment data. The Australian labor market continues to display resilience, with full-time jobs rising sharply, pushing the total over 10 million for the first time, while unemployment rate held steady at 4.1%. This robust labor market data has dashed any […] The post Aussie Bounces on Strong Employment Data, But Concerns Over China Keep Gains in Check appeared first on Action Forex.

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Oct 22, 2024 - 11:11
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Aussie Bounces on Strong Employment Data, But Concerns Over China Keep Gains in Check

Australian Dollar saw a modest rebound in the Asian session today, buoyed by much stronger-than-expected employment data. The Australian labor market continues to display resilience, with full-time jobs rising sharply, pushing the total over 10 million for the first time, while unemployment rate held steady at 4.1%. This robust labor market data has dashed any […]

The post Aussie Bounces on Strong Employment Data, But Concerns Over China Keep Gains in Check appeared first on Action Forex.

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