NZD/USD: New Zealand Employment Data Set

Note: This section contains information in English only.
Source: Dukascopy Bank SA

The New Zealand Dollar depreciated against the US Dollar, following the New Zealand employment data set release on Tuesday at 22:45 GMT. The NZD/USD exchange currency rate lost 52 pips or 0.78% right after the release. The New Zealand Dollar continued trading at the 0.6650 level against the US Dollar.

Statistics New Zealand released the New Zealand Employment Change data that came out worse-than-expected of negative 0.2% compared with forecast 0.5%. Note, that the New Zealand Unemployment Rate was released at the same time, which came out in line with expectations of 4.2%.

According to the official release: "The seasonally adjusted unemployment rate fell to 4.2 percent in the March 2019 quarter, down from 4.3 percent last quarter."


Historical Data: New Zealand Employment Change q/q
Date01.05.1831.07.1806.11.1806.02.1930.04.19
Actual0.6%0.5%1.1%0.1%-0.2%
Forecast0.5%0.4%0.5%0.3%0.5%
Initial Reaction on Main Pairs
PairOpenCloseChange
EUR/NZD1.684931.688960.24%
NZD/CHF0.678150.67688-0.19%
NZD/JPY74.1920074.013-0.24%
NZD/USD0.66540.66397-0.21%
May 1, 2019 Open Positions
PairLongsShorts
EUR/NZD27.3%72.7%
NZD/CHF72.9%27.2%
NZD/JPY54.9%45.2%
NZD/USD66.6%33.4%
Economic Calendar for May 2, 2019
GMTCurrencyEventForecastPrevious
7:55EURGerman Final Manufacturing PMI44.544.5
11:00GBPOfficial Bank Rate0.75%0.75%
TentativeTreasury Currency ReportFederal Funds Rate--
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Actual Topics

Wed, 01 May 2019 14:20:40 GMT

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