The Land Down Under is gearing up to print its latest employment data, and a potential miss could be enough for traders to doubt the RBA’s hawkish stance.
Our Event Guide for the Australian Employment Report mentioned that the manufacturing sector cut jobs at faster rates and job ads and that fewer hiring opportunities were listed, possibly leading to lower net employment for October.
Here’s what I’m watching on AUD/NZD and EUR/AUD in this scenario.
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