Marginally higher but lacking a clear-cut direction, NZD/USD is trading at 0.6293 after ranging between 0.6269 and 0.6316 today.
New United States Average Hourly Earnings improved upon the previous 0.3% figure while also exceeding analyst expectations with a reading of 0.5%.
On the flip side, highly important Average Hourly Earnings data from United States beat analyst expectations of 0.3% with a reading of 0.5%. United States Non Farm Payrolls came out at 253,000, better than analyst estimates of 180,000 and improving upon the previous reading of 165,000. United States Unemployment Rate beat analyst expectations of 3.6 and the previous reading of 3.5 with new data of 3.4.
A look at other currencies also shows bullish price action as having closed the previous session at 168.71, GBP/JPY is up 0.92% today to currently trade at around 170.26.
While the Kiwi is up today, these currencies are lagging behind: EUR/CAD closed at 1.4742 (down 1.11%). USD/CAD is trading around 1.338 (down 159 pips).
After setting a supportive marker at 0.5566 around 6 months ago, the New-Zealand Dollar is now trading 12.84% above this level.