Australian Dollar Forecast: Can Bitcoin Prices Provide a Leading Signal for Currencies? 2021-04-14 16:45:00 Justin McQueen, Analyst Upside risks for Australian jobs report Can Bitcoin Provide a Leading Signal for FX? Among the key focal points for the Australian Dollar over the next 24hours will be the latest jobs figures scheduled at 02:30BST. Expectations are for a 35k jobs gain, with the range of estimates from 10k to 60k. Given the strong employment figures in both the US and Canada, which has historically been a good indicator for Australian jobs data (last month also proving that point), risks look to be tilted to the upside for the upcoming jobs report. What’s more, weekly payroll jobs data has continued to show signs of improvement, alongside ANZ Job Advertisements, providing an encouraging sign for a drop in the unemployment rate.