AUD under plenty of selling pressure with the RBA rate cut call from Westpac

A volatile session playing out for the Australian dollar, it headed up on the strong jobs report:

• Australia Jan. jobs report: Employment +39.1K (exp 15K) Unemployment 5.0% (exp 5.0%)
• AUD marked higher immediately on the they strong January employment report
• Responses to very strong Australian jobs report coming in

And now is getting a bit of a smashing on Westpac calling for an Reserve Bank of Australia rate cut ahead:

• Westpac update their RBA forecast - expect a cash rate cut