Australia Employment Change preview: Consensus points to moderation
| Pair | Now | Since publish |
|---|---|---|
| AUDUSD | — | — |
Traders will watch for Australia’s Employment Change data on 2026-07-23 at 01:30 UTC. The market consensus forecasts an increase of 16.4K jobs, a notable moderation from the previous reading of 40.3K. This release is rated as high impact for the Australian dollar, influencing market sentiment on the currency.
Historically, this release has generated significant volatility for AUD pairs. AUDUSD has seen a median 1-hour move of 15 pips, with top-quarter releases moving 24+ pips across 119 releases since 2015. Similarly, EURAUD has recorded a median 1-hour move of 27 pips, with top-quarter moves exceeding 53+ pips over 118 releases. GBPAUD typically sees a median 1-hour move of 30 pips, with top-quarter events moving 55+ pips over 119 releases. The direction reliability for AUDUSD after these events stands at 61%.
Recent releases have shown varied outcomes. In June 2026, the actual print was 40.3K against a forecast of 15.8K, resulting in a -4.3 pip move for AUDUSD. May 2026 saw a contraction of -18.6K jobs, significantly below the 17.4K forecast, which led to a -42 pip move for AUDUSD. Earlier, in January 2026, a strong 65.2K actual print, well above the 11.7K forecast, corresponded with a +33 pip move for AUDUSD.