The Australian Dollar (AUD) surged above 1.0700 in Asia after some very strong June Employment figures at 23.4k vs. 7.8k previously. Inside those figures showed a +50k fulltime employment bounce which now puts further rate hikes back on the table if Q2 CPI figures come in strong. Overall the AUD/USD traded with a low of 1.0684 and a high of 1.0782 before closing the day at 1.0770 in the New York session.
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