AUD Trading Outlook (13-05-2011)

The Australian Dollar (AUD) was crushed lower on surprisingly weak April jobs data at -22.1k vs. 17.6k previously. The Unemployment Rate stayed at 4.9% but the market broke below 1.0600 in Asia and then day lows in Europe before bouncing and testing 1.0700 in the US session. Overall the AUD/USD traded with a low of 1.0565 and a high of 1.0699 before closing the day at 1.0670 in the New York session.

Back to AUD Trading Outlook Archive

join THOUSANDS OF other people
who trade with easymarkets

Two minutes is all it takes.

You're almost there!

Finish your application and start trading today.

DON'T MISS A TRADING OPPORTUNITY

Two minutes is all it takes.