AUD/USD dripping lower still after mixed jobs report

<p>The labour market report for September disappointed on jobs growth but did show a drop in the unemployment rate. </p><p>Data is here ICYMI:</p><ul><li><a href="https://www.forexlive.com/news/australia-sep-jobs-67k-vs-20k-expected-jobless-rate-36-vs-37-exp-20231019/" target="_blank" rel="follow" data-article-link="true">Australia September Jobs +6.7K (vs. +20K expected) &amp; Jobless rate 3.6% (vs. 3.7% exp)</a></li></ul><p>The report is unlikely to be too concerning for the Reserve Bank of Australia, the labour market is still very tight despite the slowing trend in jobs growth and in hours worked.</p><p>The RBA focus is now on the Q3 inflation report due October 25.</p><p>AUD/USD on approach to 0.6300:</p>

This article was written by Eamonn Sheridan at www.forexlive.com.