Nick Nasad
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Australian Unemployment Rate Falls to 5.6%, Will AUD Benefit?

Australia released its employment data for September. The report showed the economy adding 9.1K jobs, less than the 15.2K expected. This does however end a 2-month streak of overall job losses.

At the same time, the unemployment rate fell back down to 5.6%, a 0.2% drop from the previous month. That's a positive sign for the RBA and may help the Australian Dollar on the margins in the near term. 

- Nick