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Australian Employment Advertising Down in May

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The Australian and New Zealand Banking Group (ANZ) published its report on job advertisements in Australia this morning. The figure revealed a 6.5% downturn in job ads for the month of May, but the Aussie (AUD) appears no worse for wear.

The strength of the Australian dollar has so far felt little challenge these past several trading days as investors keep their focus on debt news out of Europe and employment data out of the United States. While the news may pull down on the Aussie this week, so far traders appear ready to continue buying, albeit hesitantly.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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