The Land Down Under is ready to release its September jobs report soon, and I’m looking at these potential AUD plays in case the actual numbers fall short.
Expectations are for a slightly slower pickup of 25.2K in hiring versus the earlier 47.5K increase, but the jobless rate is still slated to hold steady at 4.2% for the month.
A significant downside surprise, along with weak spots in underlying data, could ramp up RBA easing hopes though.
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