Higher numbers than forecast tend to be bullish for NZD/xxx pairs and bearish for xxx/NZD pairs.
The typical/expected impact on NZD pairs is high.
There is no forecast value for Employment Change yet - check back for updates.
(A summary of the historic trading range after each event is not available for Employment Change. Please check the candle charts instead.)
The trading range of was pips following the most recent Employment Change.
The most recent announced value for Employment Change was 0.4% against a forecast of 0.3%.
Recent economic data has been moderately bearish for NZD. Other recent announcements which may affect the market's interpretation of the next Employment Change result:
Previous | Latest | ||||
---|---|---|---|---|---|
Consumer Price Index (QoQ) | Bullish change | 0.5% | 0.6% | ||
Consumer Price Index (YoY) | Bearish change | 4.7% | 4% | ||
Business NZ PSI | Bearish change | 52.6 | 47.5 | ||
Business NZ PMI | Bearish change | 49.1 | 47.1 | ||
RBNZ Interest Rate Decision | (no change) | 5.5% | 5.5% |
Country: | New Zealand |
---|---|
Currency: | NZD |
Source: | Stats NZ |
Category: | Labor Market |
Frequency: | Quarterly |
The value of Employment Change has been announced.
Forecast | Actual |