Forecasts & opinions
The New Zealand dollar was trading near six week highs on Tuesday and the NZDUSD pair was 0.25% stronger during the US session, hovering near 0.6680.
Investors are eagerly waiting for tonight's New Zealand labor market data for the third quarter. The employment change is forecast to stay at 0.5%, while the unemployment rate should also stay unchanged at 4.5%. Moreover, the market expects the participation rate to remain at 70.9%.
|remaining time till the new event being published|
- U.S., Japan may need more tools to shore up banking system - Fed's Rosengren
- UK must be clear what a no-deal Brexit would mean - Bank of England Governor Carney
- German output growth remains moderate in June - IHS Markit
- Eurozone composite PMI hits seven-month in June - IHS Markit