New Zealand — News Archive

The New Zealand dollar declined today despite inflation data that came out better than was expected. There were several possible reasons for the currency’s decline, both domestic and global. Domestically, the monetary policy outlook remained dovish despite the better-than-expected inflation report. Globally, increasing geopolitical tensions between the United States and China over Hong Kong and the global economic slowdown lessened the appeal of riskier commodity-related currencies. Currencies […]

The New Zealand dollar versus the Canadian dollar currency pair did not manage to sustain the gains above the 0.8344 level.

The Australian dollar versus the New Zealand dollar currency pair is in a throwback phase that has 1.0640 on its course.

The New Zealand dollar versus the Canadian dollar currency pair managed to reconquer the important 0.8344 level.

The New Zealand dollar dropped today, touching the lowest level in four years versus its US counterpart. The currency was dragged down by poor domestic macroeconomic data and the general risk-off sentiment on the Forex market. A positive report about China’s manufacturing sector limited the downside momentum, though.

The New Zealand dollar was trading either flat or a little higher against most-traded currencies today. The Reserve Bank of New Zealand did not cut interest rates at today’s meeting but signaled that a cut is possible in the future. The trade balance worsened more than was expected.

The New Zealand dollar fell today even after a report showed that the nation’s economy rose last quarter faster than was expected.

The New Zealand dollar fell today as markets were in a risk-off mode ahead of Federal Reserve monetary policy meeting later today. Domestic macroeconomic data was not helpful to the currency.

The New Zealand dollar fell today due to mild risk aversion on the Forex market as well as falling consumer confidence in New Zealand.

The New Zealand dollar opened below Friday’s close today. The currency attempted to rebound before pulling back. Markets were relatively quiet today, so the likely reason for the currency’s losses was negative domestic macroeconomic data.