New Zealand Employment Change q/q comes in at 2822.4% against 0.2% consensus

New Zealand’s Employment Change q/q was released at 2026-08-04 22:46 UTC, showing a significant increase. The actual figure came in at 2822.4%, substantially higher than the consensus expectation of 0.2%. This represents a 1411100.0% surprise against the consensus. The previous quarter’s reading was 0.2%.

The New Zealand Dollar showed mixed reactions across pairs in the 15 minutes following the release. AUDNZD was up 15 pips, EURNZD gained 23 pips, and GBPNZD was up 26 pips. Conversely, NZDCAD fell 9.1 pips, NZDJPY declined 9.9 pips, and NZDUSD was down 6.0 pips. NZDCHF saw a gain of 5.2 pips. For AUDNZD, the 15-pip move so far is close to its median 1-hour move of 16 pips. EURNZD’s 23-pip move is below its median 1-hour move of 33 pips. GBPNZD’s 26-pip move is also below its median 1-hour move of 36 pips. NZDCAD’s 9.1-pip move is below its median 1-hour move of 17 pips. NZDCHF’s 5.2-pip move is below its median 1-hour move of 11 pips. NZDJPY’s 9.9-pip move is below its median 1-hour move of 18 pips. NZDUSD’s 6.0-pip move is below its median 1-hour move of 15 pips. Historically, NZDUSD has shown a direction reliability of 69% after past releases.