Forex Flash: Fall in Aud jobless rate hard to believe - ANZ

FXstreet.com (Barcelona) - It's almost a done deal that the jobless rate in Australia will move higher in the near future, says ANZ senior economist Justin Fabo. "We find it very difficult to believe that the unemployment rate declined in the month given that job ads and measures of hiring intentions have trended lower over the past six months, and the number of unemployment benefit recipients has trended higher."