NZ: 0800 560 006 – AU: 1800 993 100 
info@directfx.co.nz
FX News

NZ Employment Data

This mornings NZ Jobless rate has pushed the NZD/USD to a 3 month high of 0.6732.

Figures releases today at 10.45 has seen the NZ unemployment rate plummet from 4.4% to 3.9% surprising markets, the lowest level since August 2008. Reflecting a sharp drop in the number of unemployed was the increase in the number of employed people jumping from 0.5% to 1.1%. One would expect the monetary policy statement tomorrow to now be quite hawkish. The NZD/AUD has jumped to trade above 0.9300.

Get your free online quote here.

Previous ArticleNext Article