On Wednesday, 03-10-10 at 7:30 PM ET, the Australian Bureau of Statistics will release the monthly AUD Employment Change and AUD Unemployment Rate reports
I posted a “follow up” of these reports on Wednesday, 02-17-10, click here to see what happened.
The additional report:
AUD – RBA Bulliten
Released by the Reserve Bank of Australia
Last month both reports were good for the AUD – I did enter a trade and had a winner, check out the “follow up” above.
Here is how the reports for this month are set up:
AUD Employment Change – Stats
Previous = 35.2K
Forecast = 15.1K
AUD Unemployment Rate – Stats
Previous = 5.3%
Forecast = 5.3%
If the unemployment rate does not go up – that will be good for the AUD!!
Here is how I am set up for tomorrow:
AUD-5-30PM-03-10-10
Looking for a 20K difference
Actual > Forecast = Good for AUD
AUD Employment Change
——actual———-forecast———-previous
_______________15.1K________35.2K
out at 35.1K or higher – BUY AUD/NZD
out at -05.1K or lower – SELL AUD/NZD
Actual < Forecast = Good for AUD
AUD Unemployment Rate
————————-5.3%———— 5.3%
I did post a “follow up” of this report soon after, click here to see what happened.
The next scheduled release of these two reports on Wednesday, 04-07-10 at 8:30 PM ET.
I will probably post a “preview“ a day or two prior.
Stay tuned!
