Higher numbers than forecast tend to be bullish for NZD/xxx pairs and bearish for xxx/NZD pairs.
(A summary of the historic trading range after each event is not available for Unemployment Rate. Please check the candle charts instead.)
The trading range of was pips following the most recent Unemployment Rate.
The most recent announced value for Unemployment Rate was 5.2% against a forecast of 5.3%.
Recent economic data has been broadly neutral for NZD. Other recent announcements which may affect the market's interpretation of the next Unemployment Rate result:
Previous | Latest | ||||
---|---|---|---|---|---|
Retail Sales (QoQ) | Bearish change | 0.8% | 0.5% | ||
Retail Sales ex Autos (QoQ) | Bullish change | 0.4% | 0.7% | ||
Exports | Bullish change | $6.53B | $6.71B | ||
Imports | Bullish change | $6.33B | $7.28B | ||
Trade Balance NZD (YoY) | Bullish change | $-4.38B | $-3.94B | ||
RBNZ Interest Rate Decision | Bearish change | 3.25% | 3% | ||
Producer Price Index - Output (QoQ) | Bearish change | 2.1% | 0.6% | ||
Business NZ PSI | Bullish change | 47.6 | 48.9 |
Country: | New Zealand |
---|---|
Currency: | NZD |
Source: | Stats NZ |
Category: | Labor Market |
Frequency: | Quarterly |
The value of Unemployment Rate has been announced.
Forecast | Actual |