• Fri. Apr 19th, 2024

AUD/USD Falls After July Jobs Report

ByThomas Westwater

Aug 17, 2022
AUD/USD Falls After July Jobs Report

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**Breaking News — Check Back for Full Story**

The Australian Dollar fell against the US Dollar after a downbeat jobs report that saw 40.9k jobs lost for July. The unemployment rate fell to 3.4% from June’s 3.5%. However, that was likely due to a fall in the participation rate, which dropped to 66.4% from 66.8% in June.

AUD/USD 1-Minute Chart

Created with TradingView

— Written by Thomas Westwater, Analyst for DailyFX.com To contact Thomas, use the comments section below or @FxWestwater on Twitter



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Image and article originally from www.dailyfx.com. Read the original article here.