FX Watch: NZD/JPY and EUR/NZD’s Pullback Setups if New Zealand’s Q2 Jobs Disappoint

8 months ago 29

Will this week’s jobs data give the RBNZ another reason to lean dovish? Our Event Guide for the New Zealand's Q2 2025 Employment Report lays out the cracks showing up in leading indicators, hinting that the actual numbers could miss forecasts. Here’s why NZD/JPY and EUR/NZD could be prime setups if the report throws a curveball:

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The one resolution, which was in my mind long before it took the form of a resolution, is the keynote of my life. It is this, always to regard as mere impertinences of fate the handicaps which were placed upon my life almost at the beginning. I resolved that they should not crush or dwarf my soul, but rather be made to blossom, like Aaron's rod, with flowers.Helen Keller

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