New Zealand — News Archive

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.

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.

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.

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

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

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.

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.

The New Zealand dollar rose today, boosted by the Producer Price Index, which came out much better than was expected by economists.

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.

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