XE Market Analysis: US Employment Falls but Wages Rise Faster

OVERVIEW

  • USD rises to two-month high as wage growth unexpectedly jumps.
  • CAD also supported by faster wage growth and employment growth.
  • GBP weak as former Conservative party chair goes public with a plan to oust PM May.
  • AUD weakens as RBA member unexpectedly talks about rate cuts and weak retail sales.

HIGHLIGHT