On 6 March, data on the US labour market was released. The unemployment rate decreased from 5.7% to 5.5%. Experts had anticipated a decrease to 5.6%. Nonfarm payrolls rose by 295,000 versus an increase by 239,000 a month earlier.
After the upbeat data was released, the US dollar strengthened sharply against other currencies. The NZD/USD currency pair dropped by 100 pips in less than 15 minutes, which allowed to make up to $1500, with trading one lot!
US labour market data