More on the labour market report here:
AUD/USD was taken up immediately:
The jobless rate is a focus for the RBA, they want it lower to spur household spending and inflation. Targeting 4.5% so still a LOBG way off that.
But for the AUD , a beat on the report, 5.1% vs. 5.2% expected was enough to prompt a run on stops to the topside.
