NZD/USD and AUD/USD are again at their session highs after kiwi jobs knowledge

I posted the NZ knowledge earlier:

• New Zealand Q2 Unemployment price 5.2% (vs. anticipated 5.three%)
• Recapping knowledge earlier – New Zealand labour market knowledge reinforces price lower expectations

The kiwi has moved larger after the info, and after a short and small pullback its retesting its earlier highs. AUD has been dragged larger alongside.

Westpac NZ see an RBNZ lower on August 20:

• 25bp price lower extremely possible
• leaving the door
  open for additional easing if wanted
• no robust sign
  concerning the extent or timing of any future price cuts

This text was written by Aaron Cutchburt at investinglive.com.