AUD/USD above 0.7300 following the very strong February jobs report

Data post is here … its a good result!

Australia Feb Employment change +77.4K (expected +37K) & Unemployment 4.0% (expected 4.1%)

AUD/USD has inched a little higher:

Even prior to this very solid report analysts had been dragging forward their expectations for Reserve Bank of Australia rate hikes:

• Morgan Stanley brought forward their forecast for a rate hike to August from
  November
• Citi are now projecting 3 RBA rate hikes in 2022, beginning in August