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Australia added 75.9k jobs in May, with unemployment falling to 3.6% and participation rising to a record 66.9%. Analysts said the strong labour data keeps pressure on the RBA to hike again.
Persistent RBA tightening supports the Australian dollar, which can influence Australian export pricing for commodities.
forex.comMatt SimpsonJun 15, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
