EUR/NZD — News Archive

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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 Continues to Rise After Surging on Solid GDP

The New Zealand dollar jumped yesterday thanks to the faster-than-expected economic growth and continued to rise today as macroeconomic data released over the current trading session was also solid.

NZ Dollar Rallies on Positive Sentiment, Dismisses Underwhelming Data

Macroeconomic data released in New Zealand today was unfavorable to the New Zealand dollar. Yet the currency managed to rise nonetheless, likely boosted by the same positive sentiment that helped its Australian counterpart.

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.

NZ Dollar Rallies After Trade Deficit Shrinks

The New Zealand dollar rallied today after the country’s trade balance deficit shrank unexpectedly last month. The currency gained on almost all of its most-traded rivals, though it has pared gains versus the euro by now.

New Zealand Dollar Mixed After Retail Sales Beat Expectations

The New Zealand dollar was mixed today, rising against some of its rivals and falling versus others, following the release of retail sales data that beat analysts’ expectations.

NZ Dollar Tanks, Hurt by Dovish RBNZ

The New Zealand dollar plummeted today following the monetary policy announcement of the Reserve Bank of New Zealand released by the end of yesterday’s trading session. While the central bank left its monetary policy unchanged, the statement was more dovish than market participants had expected.

NZ Dollar Mixed After Macroeconomic Data & Ahead of RBNZ

The New Zealand dollar was mixed today after decent macroeconomic data and ahead of the central bank’s monetary policy meeting.

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.

NZ Dollar Holds Ground Despite Surprising Trade Deficit

The New Zealand dollar was firm today despite domestic macroeconomic data that showed a surprise trade deficit.

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