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AUD/NZD and AUD/USD turn lower after Australia's jobs shock. Markets price less than one more RBA hike through mid-2027 as tightening expectations retreat.
AUD/USD Forecast 16/10: Jobs Shock Puts 0.6850 At Risk. The AUD/USD pair continues to be an interesting one to follow, especially now, as the Australians shed a whopping number of jobs last month. Rate expectations are shifting in Oz/USDThe Aussie