eFXData

eFX Apex

The Institutional-Grade Data Hub

  • Plus: Discretionary Trades
  • Edge: Sentiment Trades
  • Alpha: Systematic Trades
  • Apex: Full Big Data Stream
TDUX
Nov 03 - 05:55 PM
–

NZD/USD - Dives On Q3 Jobs Data Disappointment

By James Connell  —  Nov 03 - 04:56 PM

• NZD/USD -0.8% from Tue 0.56315 high as jobs data undershoots expectations

• NZ Q3 HLFS unemployment 5.7% (poll 5.5%), job growth -0.1% (poll +0.4%)

• Futures pricing currently implies 78.2% probability of Dec 9 RBNZ hike

• Wed's U.S. midterm elections set to determine control of Congress

• U.S. & Iran remain far apart on potential peace deal as hostilities continue

• NZ's major parties (National & Labour) neck-and-neck in pre-election polls

• NZD looks set to challenge Oct 14 0.5566 low as downswing accelerates

• Range NZ 0.5584-0.56205, support 0.5566 0.5485, resistance 0.5995 0.6012
NZD Daily 21/55/100-DMA


(James Connell is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters
By continuing to browse our site, you agree to our use of cookies, Privacy Notice, and Terms of Service.
© 2026 eFXdata · All Rights Reserved