Almost $1000 in 2 minutes!

On February 12, Australian labour market data were released. The unemployment rate sharply increased from 6.1 percent to 6.4 percent, and the number of employed people dropped by 12,200, compared to an increased number by 42,400 a month earlier.

After the extremely negative data were released, the Australian dollar's rate dropped sharply. The AUD/USD currency pair decreased by 66 pips in 2 minutes which allowed to make up to $990, with trading one lot!

Australian labour market data


Comments are closed.