# AUD/USD Analysis: AU employment keeps hawkish pressure on the RBA

> 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.

- Date: 2023-06-15 · published 2023-06-15T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/35762-aud-usd-analysis-au-employment-keeps-hawkish-pressure-on-the-rba
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Persistent RBA tightening supports the Australian dollar, which can influence Australian export pricing for commodities.

## Read by commodity

- AUDUSD: bullish ▲

## Sources

- forex.com: https://www.forex.com/en-uk/news-and-analysis/audusd-au-employment-and-the-fed-keeps-hawkish-pressure-on-the-rba/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.