Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any […]
NZD/USD falls as US Dollar receives support from Trump trade optimism. Exit polls indicate growing support for former President Trump’s bid to become the 47th President of the United States. New Zealand’s Unemployment Rate Q3 increased to 4.8% from 4.6% in the second quarter. NZD/USD depreciates by more than 1% as the US Dollar (USD) […]
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any […]
NZD/USD loses ground due to risk aversion ahead of the Fed Chair Powell’s speech scheduled on Friday. The recent FOMC Minutes suggested that most Fed officials agreed on a rate cut in September. The New Zealand Dollar declines as Retail Sales is expected to fall by 1.0% QoQ for Q2. NZD/USD breaks its four-day winning […]
The New Zealand Dollar weakens in Thursday’s Asian session. RBNZ’s dovish stance continues to undermine the Kiwi. Investors await the US data for fresh impetus, including Retail Sales, Initial Jobless Claims and Philly Fed Manufacturing Index. The New Zealand Dollar (NZD) remains on the defensive on Thursday. The dovish stance of the Reserve Bank of […]
The New Zealand Dollar holds positive ground in Tuesday’s early Asian session. Reduced bets for a RBNZ rate cut and signs of stronger demand from China supported the Kiwi. Rising Middle East geopolitical risks might limit the pair’s downside. The US Producer Price Index (PPI) will be in the spotlight on Tuesday before the RBNZ […]
New Zealand’s Trade Balance came in at NZD $-10.05B YoY in May versus $-10.22B prior, according to the latest data released by Statistics New Zealand on Monday. Further details suggest that Exports increased to $7.16B during the said month versus $6.31B prior whereas Imports rose to $6.95B compared to $6.32B in previous readings. Market reaction […]
New Zealand ANZ Commodity Price came in at -2.6% below forecasts (-2.3%) in July Source link
New Zealand GDT Price Index below forecasts (1.9%): Actual (-1%) Source link
