A solid Australian employment reading has seen AUD outperform most of its peers, and economists at TD Securities maintain a constructive near-term view on the aussie. The AUD has enjoyed a notable reversal of fortunes “Investors opted to fade the strong headlines in Australia’s March employment reading amid a quibble with the full-time/part-time split. From our perspective, we are not particularly concerned by the FT/PT split. We’ll need to see what happens with the JobKeeper unwind, but we would not be surprised to see some portion of those PT hires converted into FT roles in the months ahead.” “This week’s clear push above resistance at 0.7677 in AUD/USD opens the door to some further upside, we think. We see 0.7750 as the next minor target to the upside ahead of the mid-March highs at 0.7849.” “The technical backdrop is fairly congested at current levels and the pair may have a lot of wood to chop to advance above the late-February high above 0.80.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US Retail Sales Analysis: America’s shopping spree could turn stocks down, the dollar up Yohay Elam 2 years A solid Australian employment reading has seen AUD outperform most of its peers, and economists at TD Securities maintain a constructive near-term view on the aussie. The AUD has enjoyed a notable reversal of fortunes "Investors opted to fade the strong headlines in Australia's March employment reading amid a quibble with the full-time/part-time split. From our perspective, we are not particularly concerned by the FT/PT split. We'll need to see what happens with the JobKeeper unwind, but we would not be surprised to see some portion of those PT hires converted into FT roles in the months… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
