| 
April 08, 2023
Yesterday at a glance: hesitant but grinding higher: NZD/USD closed at 0.6253 after ranging between 0.6215 and 0.6272.
This move comes while some more positive signs for the Kiwi are out as Non Farm Payrolls in United States fell short of market expectations (239,000) with a reading of 236,000, continuing the decline from the previous figure of 326,000.
Nevertheless, United States Unemployment Rate beat the 3.6 projections, with 3.5.
At the same time, United States CFTC Crude Oil speculative net positions released yesterday at 20:30 UTC with a figure of 226,100, while the previous figure was 181,100.
Other currencies are also rising as notably, USD/JPY rose 0.34% yesterday and closed at 131.69. EUR/JPY is trading around 144.13 after ending yesterday's session at 143.75 (up 0.27% today).
At the same time, GBP/NZD retreats 0.38% yesterday and closed at 1.9917.
The currency pair has been trending positively for about 29 days. As things stand, the Kiwi is 12.23% away from a significant low of 0.5566 first set 5 months ago.
