US Nonfarm Payrolls Data Release
The US dollar weakened sharply against other currencies after the US Department of Labour released downbeat data on nonfarm payrolls. The data showed that nonfarm payrolls increased by 126,000, which was below the 251,000 forecast. This is the smallest gain since December 2013.
The NZD/USD currency pair climbed 103 pips in 45 minutes, which allowed to make up to $1545, with a buy position trading one lot.