Aussie Slides to 11-Week Low as Employers Cut Full-Time Jobs

Updated on
  • Traders bet RBA will cut rates from record low within a year
  • Aussie “vulnerable near term” versus dollar: Westpac’s Callow

Australia's Jobless Rate Better Than Expected at 5.7%

Australia’s dollar declined to an 11-week low after a report showed employers added fewer jobs in April than economists forecast, while full-time positions shrank for the third time in four months.

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