Dollar Flexes While Aussie Goes Walkabout
Key Points
- US job growth disappointed with only 151,000 new jobs in Jan...
Ever wondered what happens when economic indicators play hide and seek? The latest market moves suggest someone's definitely "it" - and it's not looking great for the Land Down Under.
Jobs Report: America's Not-So-Greatest Show on Earth
The US job market just pulled a disappointing rabbit out of its hat with only 151,000 new jobs in January - missing the mark of 160,000 that economists had penciled in their crystal balls. Wage growth took a leisurely stroll to 0.3% monthly, making Fed Chair Jerome Powell's "we're in no hurry" stance look more like a convenient excuse than monetary strateg...
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