AUTOREFRESH 
NZD showing volatility after jobs numbers
By Sean Lee || November 4, 2009 at 22:14 GMT
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New Zealand’s employment rate fell by 0.8% in the last quarter, much worse than the expectations which were closer to 0.4%. The NZD/USD fell initially by over 50 pips but has now stabilised mid-range at around .7240. The NZD should continue to show some weakness on the crosses in the face of disappointing economic data and low interest rates but it should remain bid on dips against the still-struggling greenback.
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