Comments on: Australian unemployment rate 5.3%

By: Sean Lee

Sean Lee — Thu, 11 Mar 2010 01:10:11 +0000

At least it’s nearly Friday Solange.

Rance San — Thu, 11 Mar 2010 01:00:53 +0000

Thanks Zeke…

Zeke — Thu, 11 Mar 2010 00:58:52 +0000

Dollar strength Rance San, or just risk aversion in general.

Solange — Thu, 11 Mar 2010 00:50:16 +0000

Poor Sean (as there are no major AUD marketing moving events scheduled from now through until the release of the RBA’s meeting minutes next Tuesday)!

lilac — Thu, 11 Mar 2010 00:48:22 +0000

This’ll go down well after the Greek PM’s PR tour, and the report to the EU that the implementation of the deficit plan is ahead of schedule.

Strike to paralyse Greece as anger builds

hart — Thu, 11 Mar 2010 00:47:32 +0000

That 9120 level in aud/usd is stubborn. Must be those corporate buyers. Good opportunities to buy I think. Fun trading everyone!

Rance San — Thu, 11 Mar 2010 00:44:56 +0000

Thanks, I still have a hard time figuring out the correlation of why the AUD would have a negative effect on the EUR. Can you explain?

Sean Lee — Thu, 11 Mar 2010 00:39:48 +0000

I doubt very much if EUR will move much during the Asian session Rance. If AUD continues to drift lower, then EUR/USD will probably also fall a bit.

Rance San — Thu, 11 Mar 2010 00:37:00 +0000

Hi Sean, do you think that EURUSD will make a push up this session?

Alex — Thu, 11 Mar 2010 00:36:14 +0000

400 jobs, ouch. I guess the previous months 52k job growth put a cap on hiring.