Employment change in New Zealand showed a decline of 0.4% in Q3, much worse than a gain of the same scale. The unemployment rate rose to 0.6% as expected. The labor cost index also disappointed with an advance of only 0.4%.

NZD/USD was trying to recover before the publication, creeping up to 0.67, but it fell immediately to the lows of the day at 0.6650.

Read the rest of the article New Zealand loses jobs – NZD/USD falls