AUD/USD has jumped higher after the strong jobs report, biggest job gain in a year

The Australian dollar jumped after a much stronger-than-expected June 2026 labor market report, with employment rising 76.3K versus 15.0K expected. The unemployment rate held at 4.4%, while participation increased to 67.0%. The data was described as supportive for the RBA, as it keeps the door open to further rate hikes, though it does not guarantee them. Market impact is clearly bullish for AUD/USD in the near term, as the report strengthens the case for tighter policy and improves sentiment around the Australian economy.