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New Zealand Dollar Sinks on Worse than Expected Jobs Data – DailyFX

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New Zealand Dollar Sinks on Worse than Expected Jobs Data – DailyFX

NZD Jobs Report Talking Points:

  • New Zealand unemployment rate rises to 4.2% vs expectations of 4.1%
  • The higher unemployment prompted an increased probability for a rate cut at next weeks RBNZ meeting, with overnight swaps currently pricing a …

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