Wednesday's figures from the Australian Bureau of Statistics showed annual wage growth at 2.1% in the first quarter, similar to the fourth quarter rate, and only just above the all-time trough of 1.9%.

Subscribe Plan to Read more

Subscribe to premium content!

  • Daily trading ideas - click to view sample report
  • Entry, target, stop-loss levels
  • Position size in lots
  • Short analysis to each trade
  • Forex newsletter - latest currency market news and trading ideas
  • Access to premium content on MyFXspot.com

SUBSCRIBE NOW