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FX Watch: NZD/USD and EUR/NZD Setups if New Zealand Q3 Jobs Data Falls Short

New Zealand’s Q3 2024 jobs report is coming up, and there’s buzz about a possible dip in hiring—fueling talk of an RBNZ rate cut!

Our Event Guide for New Zealand’s Q3 jobs release suggests that improved business confidence might have boosted hiring and labor costs last quarter.

But if the numbers disappoint or show a weaker labor market, EUR/NZD and NZD/USD’s charts could present trading opportunities.

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