The New Zealand interest rate is announced on Wednesday at 05:00 MT time.
Australian Jobs Data
The state of a country’s labor market has a direct impact on its economic growth. Two big data releases will be published in Australia at 02:30 MT time on February 15. Employment change will show the change in the number of employed people during January. If the actual number exceeds forecast, the Australian dollar will go up.
Considering the unemployment rate, the situation is the opposite. If the actual number is less than the expected one, the currency will win. It shows the percentage of the total workforce that is unemployed and actively seeking employment during the previous month.
The US dollar has broken through the key resistance, it failed to cross since March so far. Riskier assets are dipping. Let’s discuss it in detail.
Services and Manufacturing PMIs are out on Wednesday at 11:30 MT time.
The market sentiment remains risk-off amid rising virus cases around the world and fears over new restrictions and lockdowns.