Lower numbers than forecast tend to be bullish for xxx/NZD pairs and bearish for NZD/xxx pairs.
(A summary of the historic trading range after each event is not available for Unemployment Rate. Please check the candle charts instead.)
The trading range of was pips following the most recent Unemployment Rate.
The most recent announced value for Unemployment Rate was 4.3% against a forecast of 4.2%.
Recent economic data has been strongly bearish for NZD. Other recent announcements which may affect the market's interpretation of the next Unemployment Rate result:
Previous | Latest | ||||
---|---|---|---|---|---|
Building Permits s.a. (MoM) | Bearish change | 15.9% | -0.2% | ||
Employment Change | Bearish change | 0.4% | -0.2% | ||
Labour Cost Index (QoQ) | Bearish change | 1% | 0.8% | ||
Participation Rate | Bearish change | 71.9% | 71.5% | ||
Exports | Bullish change | $5.79B | $6.5B | ||
Imports | Bearish change | $6.1B | $5.91B | ||
Trade Balance NZD (YoY) | Bullish change | $-12.06B | $-9.87B |
Country: | New Zealand |
---|---|
Currency: | NZD |
Source: | Stats NZ |
Category: | Labor Market |
Frequency: | Quarterly |
The value of Unemployment Rate has been announced.
Forecast | Actual |