Australian unemployment expected to rise again ahead of preliminary retail sales – Forex News Preview
Posted on November 17, 2020 at 1:15 pm GMTOctober’s employment report for Australia is likely to catch investors’ eyes on Thursday at 0030 GMT, along with preliminary retail sales figure on Friday at 0030 GMT. The governor of the Reserve Bank of Australia (RBA), Philip Lowe, has confirmed a major shift in Australia’s monetary policy by stating the central bank would now focus on employment rather than inflation. Nevertheless, the aussie continues to move higher against the US dollar but may soon need a boost for stronger bullish movements. [..]