Here are the key factors to keep in mind today for Australian Dollar trades:
- Australian Employment Change: The Australian Employment Change for April was reported at 10.8K. Economists predicted a figure of 12.0K.Forex traders can compare this to the Australian Employment Change for March which was reported at 25.7K. The Unemployment Rate was reported at 5.7% and the Labor Force Participation Rate at 64.8%. Economists predicted the Unemployment Rate at 5.8% and the Labor Force Participation Rate at 64.9%. Forex traders can compare this to the Unemployment Rate for March which was reported at 5.7% and to the Labor Force Participation Rate which was reported at 64.9%. 9.3K Full-Time Positions were lost in April and 20.2K Part-Time Positions were created. Forex traders can compare this to March where 10.0K Full-Time Positions were lost and 35.7K Part-Time Positions were created.
- Chinese MNI Business Indicator: The Chinese MNI Business Indicator for May was reported at 50.0. Forex traders can compare this to the Chinese MNI Business Indicator for April which was reported at 50.5.
Here are the key factors to keep in mind today for US Dollar trades:
- US Chicago Federal National Activity Index: The US Chicago Federal National Activity Index for April is expected at -0.20. Forex traders can compare this to the US Chicago Federal National Activity Index for March which was reported at -0.44.
- US Initial Jobless Claims and Continuing Claims: US Initial Jobless Claims for the week of May 14th are expected at 275K and US Continuing Claims for the week of May 7th are expected at 2,163K. Forex traders can compare this to US Initial Jobless Claims for the week of May 7th which were reported at 294K and US Continuing Claims for the week of April 30th which were reported at 2,161K.
- US Philadelphia Federal Index: US Philadelphia Federal Index for May is expected at 3.0. Forex traders can compare this to the US Philadelphia Federal Index for April which was reported at -1.6.
- US Leading Indicators: US Leading Indicators for April are expected to increase by 0.4% monthly. Forex traders can compare this to US Leading Indicators for March which increased by 0.2% monthly.
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