NZD/USD slumps below 0.5650 as New Zealand Unemployment Rate hits nine-year high 

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The NZD/USD pair tumbles to near 0.5640, the lowest since April 10, during the early Asian session on Wednesday. The New Zealand Dollar (NZD) weakens against the US Dollar (USD) after New Zealand’s jobless rate rose to the highest in nine years in the third quarter (Q3).