New Zealand’s unemployment rate dropped to about 3.2% in the fourth quarter. Meanwhile, New Zealand’s labour cost index rose by 2.8% in Q4 while the employment change валютная биржа rose by 0.1% on a quarter-on-quarter basis. Are you looking for fast-news, hot-tips and market analysis? Forex is the world’s largest financial market, learn more.
They any how want to bring their currency on top and thus manipulating… Later on Wednesday, the NZD/USD pair will react to the latest валютные пары jobs numbers from the United States. Analysts expect that the ADP figure will show that the economy added about 201k jobs.
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“United States Dollar / Turkish Lira” exchange rate predictions are updated every 5 minutes with latest Forex rates by smart technical market analysis. Below you will find the exchange rate predictions for 2022, 2023, 2024, 2025, 2026, 2027. Short-term and long-term USD/TRY (United States Dollar / Turkish Lira) Forex rate predictions forex options pricing may be different due to the different analyzed time series. The New Zealand economy is doing relatively well even amid the Covid-19 pandemic continues. On Wednesday, the country’s statistics agency published strong jobs numbers. The data revealed that the unemployment rate declined from 3.3% to 3.2% in the fourth quarter.
Therefore, there is a likelihood that the pair will continue with the bullish trend. The next big catalyst for the NZD/USD pair will be the upcoming interest rate decision by the Reserve Bank of New fxpro review 2019 Zealand . The bank, which will meet on February 23rd, is expected to sound a bit hawkish in its bid to slow inflation. Analysts believe that it will hike interest rates by about 25 basis points.
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Additional data showed that the New Zealand participation rate declined slightly from 71.20% to 71.10% in Q4. That drop was worse than the median estimate of 71.20% and was mostly because of the lockdown that the country implemented during the stargate challenge coin quarter. The reading implies that the economy has already moved back to pre-pandemic levels even as New Zealand remains closed to the outside world. Yogesh-khetani-patel — These predictions are based on the US market and US government advice.
We do not take responsibility for individual investment decisions, profits, or losses, and it’s important to remember that 67% of new traders lose money. The four-hour chart shows that the NZD/USD pair has been in a bullish trend in the past few days. The pair has already индексы и котировки jumped by about 1.72% from the lowest level last week. Along the way, it has moved slightly above the 23.6% Fibonacci retracement level. The NZDUSD pair has also moved to the upper side of the Bollinger Bands while the Relative Strength Index has tilted higher.