NZD/USD — News Archive

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NZ Dollar Rallies on Improving Manufacturing, Fails to Keep Gains

The New Zealand dollar was attempting to rally today but failed, trimming its gains against some rivals and erasing them outright against others by now. Domestic macroeconomic data was positive for the currency.

Poor Economic Data Doesn’t Prevent Kiwi from Rallying

The New Zealand dollar was strong today even as, unlike its Australian peer, it had no support from macroeconomic data. Reports released over the trading session both in New Zealand and its biggest trading partner, China, were rather poor.

NZ Dollar Falls with Business Confidence

The New Zealand dollar was weak across the board today, though managed to trim losses against some of its rivals by now. One of the possible reasons for the currency’s poor performance was the deteriorating business confidence.

NZ Dollar Rebounds Despite Worsening Business Confidence

The New Zealand dollar dropped initially today as the domestic business confidence worsened. But the currency rebounded later as the general market sentiment was relatively positive and supportive to riskier currencies.

NZ Dollar Rallies After RBNZ Talks About Interest Rate Cut

The New Zealand dollar dropped initially after the Reserve Bank of New Zealand made a monetary policy announcement today, hinting at possibility of an interest rate cut in the future. But the currency rebounded almost immediately and is trading now far above the opening level.

NZ Dollar Rallies as Exports Reach Record Levels

The New Zealand dollar rallied against other most-traded currencies today after nation’s trade data showed extremely positive results.

NZ Dollar Ends Session & Week Mixed, Waits for RBNZ

The New Zealand dollar was heading to end the Friday’s trading session mixed. The same goes for the whole week as the currency gained on some rivals but fell versus others. The next week should be very important for the kiwi and can help establish a more clear trend.

NZ Dollar Rallies as Economic Growth Remains Stable

The New Zealand dollar rallied today after a report showed that nation’s economic growth remained stable.

NZ Dollar Rises on Current Account Surplus, Fails to Hold onto Gains

The New Zealand dollar attempted to rally today on the back of a better-than-expected current account reading, but by now the currency has lost its gains and trades below the opening level against most-traded rivals.

US Dollar Gains on Majors, Soft vs. Commodity Currencies

The US dollar traded generally higher against other majors today, though fell versus commodity currencies, even the extremely vulnerable Australian dollar. The current trading session was very light on macroeconomic data, with housing starts and building permits being the only report released in the United States today, and traders wait for tomorrow’s monetary policy decision from the Federal Reserve to drive the market.

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