Here is the key factor to keep in mind today for New Zealand Dollar trades:
- New Zealand Employment Data: The Unemployment Rate for the first-quarter was reported at 5.7%. Economists predicted an Unemployment Rate of 5.5%. Forex traders can compare this to the Unemployment Rate for the fourth-quarter which was reported at 5.4%. The Unemployment Change for the first-quarter was reported at 1.2% quarterly and 2.0% annualized. Economists predicted an increase of 0.6% quarterly and 1.3% annualized. Forex traders can compare this to the Unemployment Change for the fourth-quarter which was reported at 1.0% quarterly and 1.4% annualized. The Participation Rate for the first-quarter was reported at 69.0% quarterly. Economists predicted a Participation Rate of 68.6% quarterly. Forex traders can compare this to the Participation Rate for the fourth-quarter which was reported at 68.5% quarterly. Private Wages ex Overtime for the first-quarter increased by 0.4% quarterly. Economists predicted an increase of 0.3% quarterly. Forex traders can compare this to Private Wages ex Overtime for the fourth-quarter which increased by 0.4% quarterly. Labor Cost Private Sector for the first-quarter increased by 0.4% quarterly. Economists predicted an increase of 0.3% quarterly. Forex traders can compare this to Labor Cost Private Sector for the fourth-quarter which increased by 0.4% quarterly. Average Hourly Earnings for the first-quarter increased by 0.3% quarterly. Economists predicted an increase of 0.5% quarterly. Forex traders can compare this to Labor Cost Private Sector for the fourth-quarter which increased by 0.2% quarterly.
Here are the key factors to keep in mind today for US Dollar trades:
- US ADP Employment Change: The US ADP Employment Change for April is expected at 195K. Forex traders can compare this to the US ADP Employment Change for March which was reported at 200K.
- US Trade Balance: The US Trade Balance for March is expected at -$41.1B. Forex traders can compare this to the US Trade Balance for February which was reported at -$47.1B.
- US Non-Manufacturing PMI: The US Non-Manufacturing PMI for April is expected at 54.8. Forex traders can compare this to the US Non-Manufacturing PMI for March which was reported at 54.5.
- US Factory Orders: US Factory Orders for March are expected to increase by 0.6%. Forex traders can compare this to US Factory Orders for February which decreased by 1.7%.
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