AUD/USD, coiled and it gives us plenty of risk events this week, including the RBA AUDUSD Currencies RBA Fed China
. The central banker said on Thursday that the impact of higher US interest rates on the economy may only begin to "bite" in earnest this spring. Earlier that day, US data, however, pointed to a still strong U.S.
Analysts at TD Securities said that ''US payrolls likely mean-reverted to a still firm pace in Feb after an unexpected 517k surge in Jan. We also look for the Unemployment Rate rate to stay unchanged at 3.4%, and wage growth to print a strong 0.4% MoM.'' It is worth noting that the range of economists’ estimates is 100-325k.
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