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NZ Dollar Bounces After Decline Caused by Retail Sales Data

The New Zealand dollar went down intraday during the current trading session due to disappointing retail sales data. But the currency managed to bounce later thanks to risk appetite on the market.

NZ Dollar Fails to Rally, Trades Near Opening

The New Zealand dollar behaved somewhat similarly to its Australian counterpart today, attempting to rally intraday, but losing gains by now.

NZ Dollar Fails to Rally on Positive Manufacturing PMI

The New Zealand dollar attempted to rally today on the back of the very good manufacturing report, but failed, and is now trading lower against most rivals with the exception of the very soft US dollar.

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.

NZD Moves Higher After Initial Violent Reaction to Employment Data

The New Zealand dollar rose against major currencies today following the release of a decent employment report. While the currency reacted wildly to the release, jumping initially and slumping back down almost immediately, the kiwi was moving largely up afterwards.

New Zealand Dollar Holds Ground Despite Unexpected Trade Deficit

The New Zealand dollar was little change against some currencies and gained against others today even though the nation’s trade balance demonstrated an unexpected deficit last month.

New Zealand Dollar Weakest Major Currency During Tuesday Trading

The New Zealand dollar was the weakest major currency today, falling for the sixth straight trading session versus the US dollar and for eighth versus the euro and the extremely weak Japanese yen (which was the second weakest).

New Zealand Dollar Loses Gains Despite Positive CPI

The New Zealand dollar attempted to rally today, but failed and followed its Australian counterpart in decline. The currency dropped even as the inflation print came out better than expected.

New Zealand Manufacturing PMI Slips, NZ Dollar Pays Little Attention

New Zealand manufacturing PMI fell last month, as was shown by the report released by Business NZ today, though that had limited impact on the performance of the New Zealand dollar. The currency rallied intraday but has retreated by now.

NZ Dollar Drops Even as Building Consents Climb to Multi-Year Record

The New Zealand dollar fell today despite positive domestic macroeconomic data released during the current trading session.

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