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While Australia unemployment dropped, the Australian dollar weakened also. The big drop in Australia unemployment to 5.1% helped was not moving the Australian dollar much up. Australian dollar fell by about 3% in last few days. On June 17 the Australian dollar was near 0.75 in US dollar, while trading above 0.77 about a week ago. The RBA is expected to start raising rates in 2023. FED is predicted to do so a bit earlier, but some estimates in the same year. You can see more at our Twitter and in a graph below.
With rebound in US dollar on euro and Swiss franc, Let’s look at EUR/CHF pair.— FXUpdates💵💶💴 (@ForexinWorld) June 17, 2021
▪️ The pair has been below 𝟏.𝟏𝟎 since May 10.
▪️ #EURCHF in range trading little down
Check out more at 👉 https://t.co/VIOSHQF9pL#Swiss #franc #euro #Forex #currency #business #EUR #CHF pic.twitter.com/Q2KreVXfHh
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