Follow Up – AUD Employment Change and AUD Unemployment Rate reports

On Wednesday, 08-11-10 at 9:30 PM ET, the Australian Bureau of Statistics released the monthly AUD Employment Change and AUD Unemployment Rate reports

I posted a “preview” of these reports on Tuesday, 08-10-10, click here to review.

I did not enter a trade this time!!

Here is how the reports for this month were set up and what happened:

AUD Employment Change – Stats

Previous = 45.9K

Forecast = 20.1K

Actual = 23.5K

AUD Unemployment Rate – Stats

Previous = 5.1%

Forecast = 5.1%

Actual = 5.3%

Here is what happened then:

AUD-9-30PM-ET-08-11-10
Looking for a 20K difference
Actual > Forecast = Good for AUD
AUD Employment Change
——actual———-forecast——-previous
____23.5K_______20.1K______45.9K
out at 40.1K or higher – BUY AUD/NZD
out at 00.1K or lower – SELL AUD/NZD
Good – “actual” came out higher then “forecast” by 3.4K
Bad- “actual” came out lower then “previous” by 22.4K

Actual < Forecast = Good for AUD
AUD Unemployment Rate
———5.3%———–5.1%———— 5.1%
Bad- “actual” came out higher then “forecast” by 0.2%
Bad- “actual” came out higher then “previous” by 0.2%

Here are the charts:

(AUD/JPY)

a one minute AUD/JPY chart

This currency pair AUD/JPY spiked up/down 1st 2 minutes about 13 PIPS/ 60 PIPS
Moved up next 5 minutes about 26 PIPS
Moved down next 6 minutes about 26 PIPS

(AUD/NZD)

a one minute AUD/NZD chart

This currency pair AUD/NZD spiked up/down 1st 2 minutes about 25 PIPS/ 54 PIPS
Moved up next 4 minutes about 23 PIPS
Moved down next 7 minutes about 27 PIPS

(AUD/USD)

a one minute AUD/USD chart

This currency pair AUD/USD spiked up/down 1st 2 minutes about 15 PIPS/ 56 PIPS
Moved up next 5 minutes about 26 PIPS
Moved down next 19 minutes about 30 PIPS

(EUR/AUD)

a one minute EUR/AUD chart

This currency pair EUR/AUD spiked down/up 1st 2 minutes about 22 PIPS/ 76 PIPS
Moved down next 5 minutes about 27 PIPS
Moved up next 24 minutes about 36 PIPS

The next scheduled release of these two reports on Tuesday, 09-07-10 at 9:30 PM ET.

I will probably post a “preview“ a day or two prior.

Stay tuned!

This entry was written by shark, posted on August 16, 2010 at 5:12 am, filed under Employment Economics and tagged AUD Follow Up, AUD News. Bookmark the permalink. Follow any comments here with the RSS feed for this post. Post a comment or leave a trackback: Trackback URL.

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By Preview – AUD Employment Change and AUD Unemployment Rate reports - The Fundamental FOREX Blog on August 16, 2010 at 5:15 am

[...] did post a “follow up” of this report soon after, click here to see what [...]
By Preview – AUD Employment Change and AUD Unemployment Rate reports - The Fundamental FOREX Blog on September 7, 2010 at 9:50 am

[...] posted a “follow up” of last months reports on Monday, 08-16-10, click here to see what [...]

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