Australian employment surged past all forecasts for a fifth straight month in January while the jobless rate surprised by diving to an 11-month low, reigniting talk that interest rates would have to go up as early as March.
The Australian dollar jumped three quarters of a U.S. cent and bill futures sank as the market bet that the Reserve Bank of Australia (RBA) would be jolted out its current caution and lift rates to 4.0 percent on March 2.
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