Australian dollar dropped after the December jobs report showed a large loss ...Middle East

The data is here, a terrible job loss result:Australia Dec. Employment -65.1K (expected +17.6K) Unemployment rate 3.9% (exp 3.9%)The unemployment rate held steady with the drop in participation. the tightness in the Australian labour market is diminishing. AUD/USD was marked lower, but recovered somewhat. Still down on the session so far though: This article was written by Eamonn Sheridan at www.forexlive.com.

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