NZ revises Q1 jobless rate to 5.2%, Kiwi ticks up

In unscheduled news, New Zealand has revised its Q1 unemployment rate to 5.2% (prev. 5.7%), while lowered its participation rate to 68.7% (prev. 69%). NZD/USD has made a new session high at 0.7067 following the unexpected news, with some algo-led activity taking advantage of the headline.