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Trade the News – Employment Change Rate

Trade the News – Employment Change Rate

Employment Change is a measure of the change in the number of employed people in a country. Generally speaking, a rise in this indicator has positive implications for consumer spending which usually stimulates economic growth. A high reading is seen as positive (or bullish) for the specific currency of the country, while a low reading is seen as negative (or bearish). Today we will be using the example of this data for New Zealand and we will be applying some relevant setups/strategies for NZD crosses, riding the trend this creates.

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