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RBNZ Wheeler: Monetary policy remains supportive

FXStreet (Bali) - RBNZ's Wheeler is speaking to a parliamentary committee, now crossing the wires, noting that monetary policy remains supportive, adding that RBNZ is watching Auckland housing market closely.

Additional headlines

Not seeing wealth effects spilling into consumption

It will take time for inflation to return to around 2pct

1-3 pct inflation target range still relevant

Australian jobs met expectations, participation rate slides

Australia's employment figures came almost in line with expectations, providing little surprises. While full time employment rose by 10.3k, part time did so by 5.3k, adding to a total employment change for February of +15.6k, with the jobless rate at 6.3 (as expected), with the only disappointing bit of data being participation rate, down at 64.6% vs 64.8%.
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AUD/USD: Noy job for bulls on in line Jobs

AUD/USD is currently trading at 0.7603 at time of writing with a high of 0.7629 and a low of 0.7587.
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