Amazing Jobs Data Allows NZ Dollar Overcome Negative Fundamentals

The New Zealand dollar rallied against its most-traded peers today thanks to amazing jobs data. It allowed the currency to overcome negative fundamentals, which could have weighed on the kiwi otherwise. The report for September quarter showed that the number of employed people climbed by 2.2% from the previous three months, demonstrating a far bigger increase than predicted 0.8%. The unemployment rate slipped form 4.8% to 4.6%. It was not … “Amazing Jobs Data Allows NZ Dollar Overcome Negative Fundamentals”

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