AUDUSD Rebounds after Employment Report Losses

Key Highlights Technical outlook and key levels for AUDUSD points that the pair is under bearish pressure. Australian Employment Change report released by the Australian Bureau of Statistics came worst-than-expected in April with a reading of -2.9K. Australian Unemployment Rate increased from 6.1% to 6.2%, Australian HIA/AIG Performance of Construction Index, released...
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AUDUSD Breaks Down; US AND EURO ISM Manufacturing PMIs Next

Key Highlights Australian dollar suffered losses recently against the US dollar and cleared an important support area. Australian AIG performance of the Mfg. Index was released by the Australian Industry Group, which registered a decline from 49 to 45.4. Australian Company Gross Operating Profits released by the Australian Bureau of Statistics declined by 0.2% in the fo...
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