NZ Dollar Edges Higher After Wednesday’s Slump

May 02,2019 23:59   Source:Earnforex
The New Zealand dollar edged higher today following yesterday’s huge slump even though macroeconomic data released during today’s trading session was negative. The plunge during the previous session was caused by worse-than-expected jobs data. Statistics New Zealand released a report on building consents, showing a drop by 6.9% in March on a seasonally adjusted basis. The drop followed the increase by 1.7% in February. Released yesterday, the employment report showed that […]

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