Colosseum a.s. (Colosseum a.s.)
Currencies  |  July 12, 2012 10:08:28

Deduct increase in unemployment Australian dollar



ColosseumExchange rate AUD / USD today falls by 1 percent to $ 1.0156 per 1 AUD. The reason is the adverse information from the Australian labor market. Statistical Office that led to the June employment was reduced by 27 000, while analysts expected a zero change. The unemployment rate has increased to 5.2 from the previous 5.1 percent. Employers are more cautious, mainly due to slowdown of China, which is essential for Australia's largest exportným partner. Investors expect the central bank will reduce next month's key interest rates to promote economic growth.

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