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Strong job report from NZ supports Kiwi bulls, US ADP in focus

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 3, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Forex News and Events RBNZ likely stay sidelined (by Arnaud Masset) The New Zealand dollar was on fire during the Asian session as the employment report surprised massively to the upside. In the fourth quarter, the unemployment rate eased to 5.3%, beating market expectations of 6.1%, as fewer people looked for work leading to a decline in the size of the labour force. The participation rate fell to 68.4% from an upwardly revised figure of 68.7% in the previous quarter. From our standpoint,

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