Australia’s Unemployment Rate came in at 4.1% in January, compared with the expectations of 4.0% and the previous figure of 3.9%, according to the official data released by the Australian Bureau of Statistics (ABS) on Thursday.

Furthermore, the Australian Employment Change arrived at 0.5K in January from -65.1K in December, compared with the consensus forecast of 30.0K.

Market reaction

At the time of press, the AUD/USD pair was down 0.09% on the day to trade at 0.6484.