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At the Forex currency market the Australian Dollar rate goes down on Thursday in response to macro-statistics.

Forex forecast: MACD indicator for the pair AUD/USD is going up in the positive area, giving a buy signal. Stochastic Oscillator is traded slightly upward in the neutral zone and maintains a signal for in active purchase.

Forex recommendations: in case of breakdown at the level of 1.0400, the pair will go to 1.0410 ?1.0430.

Statistics released this morning showed that employment rate in November fell by 7.6 thousand against initia lestimate of -6.3 thousand. At the same time, unemployment rate remained at the previous level of 5.3%. We would remind that economists expected the rise of jobs by 10 thousand. The index clearly reflects the impact of the European debt crisis on Australian economy.

According to the estimates of the government, last 12 months were the worst for the labour market over the last20 years, as the sector has been waekening starting from the last six month of2011.

Statistics released earlier showed that mortgage lending in Australia increased by 1.4% m/m in November against the growth of 0.8% in October. Number of permits to construct increased by 8.4% m/m (-10.0% y/y). The rise of 7% had been predicted. Retail sales showed zero change in November against the growth of 0.2% m/m in October.

Consumer sentiment index Westpac-MI fell to 94.7 points, -8.3% m/m in December against the value of103.4 points in November. Business confidence index NAB in Australia increased to 1 point in November against zero level in October. According to the data released earlier, business activity index AiG in the service sector of Australia increased to 49.0 points in November against the level of 47.7 points in October. In addition, trade balance amounted to +?$1.38billion in November against expectations of +?$2.0 billion.

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