Breaking: The New Zealand jobs send the kiwi on the march

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NZD/USD has popped to print some 0.5% higher on the day following recent data.

 The New Zealand jobs data has arrived as folllows:

The Unemployment Rate (Q1): 4.7% (est 4.9%, prev 4.9%) -NZ Employment Change (Y/Y) Q1: 0.3% (est -0.1%, prev 0.7%)%) NZ Employment Change (Y/Y) Q1: 0.3% (est -0.1%, prev 0.7%) – NZ Participation Rate (Q1): 70.4% (est 70.3%, prev 70.2%).

More to come…

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