The fourth consecutive healthy Australian employment report boosted a 30-basis point increase in the AUD/USD exchange rate, sending the Aussie to fresh 2017 highs right after the data was released. Analysts anticipated the number of employed people to increase by 14.4K in June, while the actual report showed a modest rise of 14K in the observed period, mainly supported by full-time employment, which surged by 62K. However, the unemployment rate did not manage to surprise the markets, matching with projections and drawing a rather uncertain picture with no clear trend established as of yet.
