Kiwi stands still following positive N.Z. data

Kiwi stands still following positive N.Z. data

On Wednesday, the New Zealand dollar held steady versus its American rival, after the issue of positive New Zealand employment data. Meanwhile, the Australian dollar declined ahead of the Federal Reserve’s approaching policy verdict.

The currency pair NZD/USD stood still, keeping to 0.6936, off a one-week peak of 0.6968 reached overnight.

Earlier on Wednesday, Statistics New Zealand told that the overall number of employed folks grew by 1.2% during the first quarter, thus ruining hopes for a 0.8% revenue and after a surge of 0.8% in the three months to December.

As for the unemployment rate, it declined to 4.9% during the first quarter from 5.2% last quarter, thus breaking hopes for an unchanged reading.

The currency pair AUD/USD went down 0.62% to reach 0.7487.

Meanwhile, market sentiment on the US dollar strengthened ahead of the Fed’s highly-anticipated monetary policy verdict a bit later in the day.

Similar

Yuan goes up

On Tuesday, the major Chinese currency managed to head north versus the evergreen buck after a report that American Treasury Secretary Steven Mnuchin had proceeded with negotiations with China Vice Premier Liu He…

Latest news

Greenback edges down

On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera