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NZ Dollar Gains on Retail Sales, RBNZ Chief’s Comments

The New Zealand dollar rallied against other most-traded currencies today after the release of retail sales data and comments for the central bank’s chief. The currency has trimmed its gains by now but is still trading above the opening level.

NZ Dollar Soft as Manufacturing PMI Drops

The New Zealand dollar was somewhat soft today after the nation’s manufacturing sector demonstrated contraction last month. The currency has trimmed losses against some of its rivals, though, and stood its ground versus safer currencies as the risk sentiment stabilized.

NZ Dollar Gains After Release of Financial Stability Report

The New Zealand dollar gained today after the Reserve Bank of New Zealand released the Financial Stability report. Gains were limited, though, as market participants were waiting for new developments in the trade war between the United States and China.

NZ Dollar Dives After RBNZ Keeps Rates on Hold

The New Zealand dollar slumped against its major rivals today, falling to the lowest level since December versus its US counterpart, after the Reserve Bank of New Zealand kept interest rates unchanged and expressed dovishness in its statement.

NZ Dollar Extends Rally Fueled by RBNZ Governor Appointment

The New Zealand dollar extended yesterday’s rally today, rising for the third day in a row, as investors welcomed the news about the appointment of a new governor of the Reserve Bank of New Zealand.

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