December 9, 2022

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NZD/USD on its (early) session high after the super-strong jobs report

1 min read

New Zealand’s Q2 employment report data is here, showing a steep drop in the jobless rate:

Background to the report is here:
A 25bp RBNZ rate hike at the August 18 meeting is fully reflected in market pricing. NZD/USD has not looked back since the data:
New Zealand's Q2 employment report data is here, showing a steep drop in the jobless rate:

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