Unemployment Rate (AUD) comes in at 4.4% against 4.5% consensus
| Pair | Now | Since publish |
|---|---|---|
| AUDUSD | — | — |
Australia’s Unemployment Rate for July 2026 came in at 4.4%, against a consensus expectation of 4.5%. This actual figure was unchanged from the previous month’s 4.4%. The print represented a -2.2% surprise compared to the consensus forecast.
Following the release, the Australian dollar showed strength against several major pairs. AUDCAD traded +34 pips higher 15 minutes after the release, exceeding its median 1-hour move of 17 pips. AUDCHF was up +20 pips, approaching its top-quarter historical move of 22+ pips. AUDJPY gained +29 pips, while AUDNZD rose +29 pips. AUDUSD saw a +20 pip increase. Conversely, EURAUD declined by -46 pips, and GBPAUD fell by -34 pips. These moves indicate a notable reaction in the AUD crosses, with several pairs moving beyond their typical median 1-hour ranges.