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May 03, 2023The Kiwi trades at 0.6236 after gaining 26 pips (0.42%).
United States ADP Nonfarm Employment Change (Apr) is next today at 12:15 UTC.
At the same time, New Zealand Employment Change (QoQ) (Q1) released yesterday at 22:45 UTC with a figure of 0.8, while the previous figure was 0.2. New Zealand Unemployment Rate (Q1) came out at 3.4, while a consensus of analysts was expecting 3.5. Fresh JOLTs Job Openings (Mar) data from United States came out at 9.59 million.
Other currencies are also rising as EUR/USD added 0.24% to its value, now trading at 1.1031.
At the same time, after ending yesterday's session at 136.52, USD/JPY lost 46 pips and is trading around 136.06. GBP/NZD is trading around 2.003 (down 52 pips).
The market is looking forward to the release of new data: New Zealand RBNZ Gov Orr speech is scheduled for today at 23:00 UTC. New Zealand Employment Change (QoQ) (Q1) will be released today at 22:45 UTC. New Zealand Building Consents (MoM) (Mar) scheduled to come out today at 22:45 UTC.
The New-Zealand Dollar is now trading 11.56% away from its significant low of 0.5566 first tested 6 months ago.
