New Zealand dollar in late trading session on Friday was down amid falling risk appetite, caused by the fall in commodity prices.According currency strategist at Westpac Imre Shpaytsera over the last 24 hours New Zealand dollar traded in a range of 1 U.S. cent after the rose one U.S. cent to a maximum of U.S. $ 0.7914 after the release of the statement of the Reserve Bank of Australia in respect of monetary policy.
Australia's central bank signaled its plans to raise interest rates in coming months to counter the threat of rising inflation, ignoring the weakness in some sectors of the Australian economy as a result of the negative impact of high Australian dollar.
Now the focus is coming out later in the global session data on the number of jobs outside agriculture in the USA.
"I think the market is pessimistic with regard to these data may be more pessimistic than economists, so the output is really bad data may cause further decline in the market of risky currencies - said Shpaytser.-If, on the other hand, we get a little better data, stock indices and other indicators rise significantly. "
Data on the number of jobs outside the U.S. agriculture remains a key indicator of labor market conditions in the U.S., has added a strategist at BNZ Kimberly Martin.
"The dynamics of the desire of investors to risk and commodity prices will also be essential" - added Martin.
