The New Zealand employment data released earlier today indicated a slight job loss during the second quarter of 2020 while unemployment rate fell slightly.
- Employment Change q/q (Actual: -0.4%, Forecast: -2.0%, Previous: 1.0% revised from 0.7%)
- Unemployment Rate (Actual: 4.0%, Forecast: 5.5%, Previous: 4.2%)
NZD/USD’s next is at 0.65800 and the next is at 0.67000.
Look for short-term buying opportunities of NZD/USD up until the release of the New Zealand expectation data tomorrow at 1100 (SGT).