Forex News – AUDNZD tumbles after dismal Australia jobs and hawkish RBNZ
Posted on September 12, 2013 at 7:39 am GMTAUDNZD was hit hard during the Asia session, as the Australian dollar took a double blow as a result of disappointing Australian jobs data while a hawkish Reserve Bank of New Zealand strengthened the kiwi, thereby resulting in two spikes lower for the antipodean pair. Australia’s unemployment rate hit a four-year high, up 0.1 percent to 5.8 percent in August from July while the number of full time jobs lost in the economy was more than expected. Economists had predicted [..]