New Zealand Total Filled Jobs: 1.7M vs 2.16M previous, Kiwi unchanged

Total Filled Jobs, released by Stats NZ, has been released as follows:

Total Filled Jobs

1.7M vs 2.16M previous.

NZD/USD outlook

The Kiwi is little changed compared to Friday morning still, trading at 0.6415 and has ignored the data. 

Swings and turns did correspond to equity market highs and lows but the NZD has held up well in context.

We remain of the view that the RBNZ’s dovish reiteration that foreign asset purchases remain a policy option has not been sufficiently priced in. Not only does it make sense, given that the LSAP is limited by the small size of the NZGB market, but it would help the recovery,

analysts at ANZ Bank explained. 

Description of Total Filled Jobs

The Total Filled Jobs, released by Stats NZ, is an indicator that measures paid jobs that existed in the week ending on the 20th of the reference month. It captures a ‘snapshot’ of filled jobs at a point in time. A growing number of jobs is a positive (bullish) input for the New Zealand dollar, while a decreasing number is negative (bearish) for the NZD.  

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.

Feed news

Latest Forex News

Latest Forex News

Editors’ Picks

EUR/USD: At risk of extending its slide

The greenback closed the week appreciating against most major rivals, although EUR/USD settled in the 1.1780 price zone, holding on to modest weekly gains. EUR/USD decline corrective on the broader view but could extend its slump in the shorter-term.


GBP/USD: Limited bearish potential

The GBP/USD pair finished the week with modest losses at 1.3050, giving up to the dollar’s demand at the end of the week. The Cable is trading above the 1.3000 level, which limits the bearish potential.


Gold: Acceptance above $2050 critical to revive the uptrend

Gold’s record-breaking rally could resume on a sustained move above $2050. RSI on 4H chart stays in the bullish territory, pointing to the upside. XAU bulls to buy the dips around $2010 in the week ahead?

Gold News

Bitcoin may extend the recovery once Gold resumes the rally

Gold retreated from the recent highs, but the sentiments are still bullish. Cryptocurrencies resumed the upside, some altcoins are demonstrating strong gains. ETH/BTC stopped the downside correction and settled at $0.03300.

Read more

WTI extends slide toward $41, on track to post weekly gains

Crude oil prices continued to fall on Friday and the barrel of West Texas Intermediate (WTI) touched a daily low of $41.05 before recovering modestly.

Oil News