Don’t waste your time – keep track of how NFP affects the US dollar!

Data Collection Notice

We maintain a record of your data to run this website. By clicking the button, you agree to our Privacy Policy.

facebook logo with graphic

Join Us on Facebook

Stay on top of company updates, trading news, and so much more!

Thanks, I already follow your page!
forex book graphic

Beginner Forex Book

Your ultimate guide through the world of trading.

Get Forex Book

Check Your Inbox!

In our email, you will find the Forex 101 book. Just tap the button to get it!

FBS Mobile Personal Area

market's logo FREE - On the App Store

Get

Risk warning: ᏟᖴᎠs are complex instruments and come with a high risk of losing money rapidly due to leverage.

76.5% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider.

You should consider whether you understand how ᏟᖴᎠs work and whether you can afford to take the high risk of losing your money.

AUD Awaits Australian Job Data

AUD Awaits Australian Job Data

Information is not investment advice

What will happen?

Australia will release employment change and an unemployment rate on Thursday, October 14, at 03:30 MT (GMT+3). The employment change shows the change in the number of employed people during the previous month, while the unemployment rate measures the total workforce that is unemployed.

Why is it important?

These indicators are significant as they provide the most relevant information about the Australian labor market. In addition to the direct impact (more jobs are good/fewer jobs are bad), the Reserve Bank of Australia bases its policy decisions on the jobs data. The encouraging data may force the RBA to tighten the policy earlier than initially thought, which would push the AUD up.

Last time, the data was mixed. The employment change was down by 146.3K (vs. the forecast of -78.5K), and the unemployment rate was 4.5%, beating expectations of 5.0%. AUD/JPY jumped briefly but then dropped dramatically.

2.png

How to trade on Australian labor data?

Traders usually compare the actual job numbers with the market forecast, which appears a few days before the report in the economic calendar.

  • If the Australian labor data is better than the forecasts, the AUD will surge.
  • Otherwise – drop.

Check the economic calendar

Instruments to trade: AUD/USD, AUD/JPY, AUD/NZD

LOG IN

Similar

Will the Fed Surprise Investors?

The Federal Reserve will make a statement regarding the future monetary policy on Wednesday, June 15, at 21:00 MT time (GMT+3).

Popular

How Will US PMIs Affect the USD?

The US Markit will publish Flash Manufacturing and Flash Services PMIs (purchasing managers' indices) on June 23 at 16:45 GMT+3.

Will Fed Chair Powell Move the USD?

The Fed Chair Jerome Powell will testify on the Semi-Annual Monetary Policy Report before the House Financial Services Committee on June 22-23 at 17:00 GMT+3.

Choose your payment system

Be on top of your game

Callback

Please fill in the form below so we can contact you

Select the best time for us to call you. We give calls from Monday to Friday in suggested intervals. In case we couldn't get through, we will try again at the same time the next day. For getting real-time assistance, use FBS chat.

We provide only English-speaking callbacks. If you prefer any other languages, contact the support team.

We will call you at the time interval that you chose

Change number

Your request is accepted.

We will call you at the time interval that you chose

Next callback request for this phone number will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later