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NZ Dollar Rises Sharply After Business Confidence Improves

The New Zealand dollar rose sharply today after a report showed that the business confidence improved this month, though remained negative.

NZ Dollar Drops on Negative Business Confidence, Trims Losses Later

The New Zealand dollar fell today as the business confidence remained negative. Yet by now, the currency has trimmed losses, erasing them outright against some of its rivals.

NZ Dollar Fails to Maintain Rally Despite Improving Business Confidence

The New Zealand dollar attempted to rally earlier today but failed and moved below the opening level. The slight improvement of the business confidence was not enough to support the currency.

Australian Dollar Mixed, Fundamentals Don’t Help to Find Direction

The Australian dollar was mixed today, trading basically flat against its US counterpart, rising against the euro, but falling versus the Japanese yen. Fundamentals, which were mixed themselves, did not help the currency to find a direction.

NZD Rallies on Improving Business Confidence Despite Record Trade Deficit, Unable to Keep Gains

The New Zealand dollar behaved similar to its Australian counterpart, rising intraday but trimming gains later. New Zealand’s macroeconomic data released over the trading session was mixed, though the currency paid more attention to the good part.

NZ Dollar Stands Firm in Face of Overwhelmingly Negative Data

The New Zealand dollar was relatively firm today. That is surprising considering that macroeconomic data was overwhelmingly negative to the currency.

NZ Dollar Crashes As Business Confidence Worsens

The New Zealand dollar tumbled today after macroeconomic data showed that the business confidence deteriorated and the number of building consents fell.

NZD Falls After Macroeconomic Releases in New Zealand & China

The New Zealand dollar fell versus its most-traded peers, with the exception of the extremely weak Japanese yen, after underwhelming macroeconomic releases in New Zealand as well as in New Zealand’s major trading partner — China.

Australian Dollar Trades Weakest on Monday

The Australian dollar was the weakest currency on the Forex market during the current trading session, falling against all other most-traded rivals. The most likely reason for that was the persisting fears of trade wars between the United States and their trading partners. Macroeconomic releases on the weekend and Monday were mixed, giving the currency no reason to go in one direction or the other.

New Zealand Dollar Falls After Economic Data, Ahead of RBNZ

The New Zealand dollar fell against its most-traded peers today following the mixed macroeconomic reports and ahead of the central bank’s policy meeting.

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