AUD/USD to Pare Losses on Upbeat Australia Employment Report

A further improvement in Australia’s labor market may spark a near-term rebound in AUD/USD as it dampens bets for another RBA rate-cut in 2016.


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/trading_news_reports/2016/05/18/AUDUSD-to-Pare-Losses-on-Upbeat-Australia-Employment-Report.html?DFXfeeds=forex:fundamental:daily_briefing:daily_pieces:trading_news_reports