The AUD/USD is backsliding into 0.6335 after Wednesday markets saw risk appetite evaporate. Investor confidence is souring as the Gaza conflict weighs on global sentiment and the US barrels towards yet another debt deadline standoff. Aussie traders will be looking ahead to Thursday's Australia labor data with an appearance from Fed Chair Powell on the cards. The AUD/USD saw an early climb into a daily high of 0.
Forex Today: Gold jumps despite Dollar strength, focus turns to Australian jobs and Powell Thursday will bring a fresh round of Australian Jobs figures, with the Aussie Unemployment Rate expected to hold at 3.7% for September, while investors will be looking for the Employment Change to add at least 20K jobs for the month, compared to August's 64.9K jobs addition.