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> Australian dollar back above 0.7000 amidst wider USD slide
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Australian dollar back above 0.7000 amidst wider USD slide

Eamonn Sheridan
Eamonn Sheridan
Thursday, 19/05/2022 | 03:14 GMT
19/05/2022 | 03:14 GMT
  • 0

The US dollar is giving back some of the gains it made on Wednesday US time. AUD/USD is a notbable benficiary, popping back above 0.70.

The headlines are liking the 3.9% jobless rate in the Australian data earlier:

  • Australian April Jobs: Employment +4.0K (vs. +30K expected) & Jobless rate 3.9% (3.9%)

EUR, NZD, CAD GBP are also higher.

USD/JPY is adding to its early rally, making it a strong session for yen crosses.

AUD/JPY:

audyen 19 May 2022
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