The number of people employed during the past month increased to a considerable extent, where more than 10,000 + jobs were created by the economy. However, the unemployment rate in the country rose to 5.7% from its previous level of 5.6% that created another concern over the economy’s growth. The investors instantly started selling the Australian dollar against the greenback after the pair made a top near the 0.9300 level after Bernanke’s speech and the unemployment data release.
Posted on: Fri, 12 Jul 2013 08:37:10 +0000
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