The Australian Dollar pares gains versus the Yen as labor market figures fail to support further upside momentum. The AUD/JPY cross retreated to around 113.60 in Asian trading on Thursday, erasing more than half of the prior session’s 0.5% advance. The pullback followed th
Bank of Japan policymaker Junko Koeda signals inflation is approaching the central bank’s 2% goal amid rising price pressures. Bank of Japan Policy Board Member Junko Koeda stated Japan’s core inflation rate has nearly reached the central bank’s 2% target. Koeda emphasized
April unemployment in Australia rose to 4.5%, with employment falling by 18.6K, missing forecasts and weighing on RBA rate hike bets. The Australian Dollar retreated toward a one-week low against the New Zealand Dollar on Thursday after April employment data disappointed.
April unemployment climbed to 4.5%, above the 4.3% consensus, signaling potential labor market cooling. Australia’s unemployment rate increased to 4.5% in April from 3.9% in March, surpassing market expectations of 4.3%. The rise marks the highest jobless rate since Januar
April unemployment climbed above expectations, signaling potential labor market cooling amid economic uncertainty. Australia’s unemployment rate increased to 4.5% in April, up from 3.9% in March, according to official data. The figure surpassed the 4.3% forecast by economi
April unemployment climbed to 4.5%, above the 4.3% consensus, signaling a softer labor market. Australia’s unemployment rate increased to 4.5% in April from 3.9% in March, missing economists’ expectations of 4.3%. The rise marks the highest level since January 2022, reflec
Bank of Japan policymaker signals inflation nearing central bank’s goal, hinting at potential policy shifts ahead. A Bank of Japan policy board member stated underlying inflation has reached approximately 2%, aligning with the central bank’s target. The comment suggests gr
April unemployment climbed above expectations, signaling potential labor market cooling amid economic uncertainty. Australia’s unemployment rate increased to 4.5% in April, up from 3.8% in March, according to official data. The figure surpassed the 4.3% forecast by economi
April unemployment climbed to 4.5%, above the 4.3% consensus, signaling potential labor market softening. Australia’s unemployment rate increased to 4.5% in April, up from a revised 4.4% in March, according to official data. The figure surpassed market expectations of 4.3%
April data shows unemployment above forecasts and the first monthly drop in employment since early 2024, pressuring the AUD. Australia’s unemployment rate increased to 4.5% in April from 3.9% in March, exceeding the 4.3% consensus forecast. The labor market shed 18.6K jobs
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