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Australia Part-Time Employment up to 35.2K in November from previous -13.1K

NZD/USD trades above 0.5800, over two-month top amid dovish Fed-inspired USD weakness

The NZD/USD pair holds steady above the 0.5800 mark, close to an over two-month high touched the previous day, during the Asian session. Moreover, the fundamental backdrop favors bullish traders and suggests that the path of least resistance for spot prices remains to the upside.
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Breaking: Australia’s Unemployment Rate stays unchanged at 4.3% in November vs. 4.4% expected

Australia’s Unemployment Rate steadied at 4.3% in November from 4.3% in October according to the official data released by the Australian Bureau of Statistics (ABS) on Thursday. The figure came in below the market consensus of 4.4%.
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