Reserve Bank of New Zealand says labour market data remains strong, job security is high

Reserve Bank of New Zealand remarks on the jobs report earlier. In this post you'll see the RBNZ take before we even got it!

• New Zealand jobs report for Q1 2023: Unemployment rate 3.4% (3.5% expected, 3.4% prior)

Not like it was rocket science though.

NZD/USD trading higher, covered here:

• NZD/USD not far from its session high - jobs beat, financial stability supports RBNZ hikes

AUD/USD is not faring so well, see that second linked post for the 'gap fill' info.