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NZD/USD not far from its session high - jobs beat, financial stability supports RBNZ hikes

NZD/USD not far from its session high - jobs beat, financial stability supports RBNZ hikes
I posted earlier in the session on how the solid employment market report (the jobs beat, wages miss is Goldilocks zone for the RBNZ), combined with no financial stability concerns, are easing the way for further Reserve Bank of New Zealand rate hikes:New Zealand jobs report for Q1 2023: Unemployment rate 3.4% (3.5% expected, 3.4% prior)RBNZ Governor Orr says NZ financial system is well placed to handle higher interest ratesThe Reserve Bank of New Zealand meet this month, May 24.NZD/USD moved hi... Read More
Posted: May 3 2023, 00:10
Author Name: forexlive
Views: 081866

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