Prior month showed a 0.9% gain

The November job advertisements are up 7.7% versus a year ago according to the monthly ANZ bank survey

Other details:

  • Annual growth has ease from 20% at start of 2017
  • Job ads are perched at high levels but growth rates are easing
  • ANZ is saying they expect a modest pickup and wage growth

The NZDUSD is little changed . It has been trading above and below its 200 hour MA (at 0.6878), and the 50% of the move down from last week's high at 0.6880 over the last 7-8 hours of trading. Hanging around those levels says to me that the up and down market has centered around the most neutral area it can find and is waiting for the next big push.