Thread: Jobs results in New Zealand

Investors are trying to figure out whether the latest jobs results in New Zealand are positive or negatives following an inserting combination of data, which saw improved jobless rate at 6.3% vs 6.5% exp and weaker employment change, up 0.1% in the last quarter of 2011 as opposed to an increase of 0.4% analyst had been calling for. NZD/USD trades unchanged at 0.8345 after a knee jerk reaction which sent the rate as high as to test static resistance at 0.8377, Feb 3 high. On the downside, watch 0.8330 ahead of 0.8300 as immediate support areas.Read more http://www.bestforexblog.us

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