NZD/USD — News Archive

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Economic Data in China & New Zealand Poor, NZ Dollar Declines

The New Zealand dollar fell today due to disappointing macroeconomic reports in China. New Zealand’s own economic data released overnight was not particularly good as well, though it improved compared to the previous reporting periods.

NZ Dollar Pares Losses vs. US Dollar, Remains Soft vs. Other Majors

The New Zealand dollar managed to pare losses versus its US counterpart today, but remained weak against other most-traded currencies, including the Australian dollar, which itself was vulnerable.

NZD Drops Sharply on Wednesday, Attempts to Bounce on Thursday

The New Zealand dollar dropped sharply yesterday after the policy announcement from the US Federal Reserve and extended losses after the release of mixed domestic macroeconomic data. The currency is attempting to bounce today, but by now the kiwi has lost gains it had posted earlier.

NZ Dollar Rises Sharply After Business Confidence Improves

The New Zealand dollar rose sharply today after a report showed that the business confidence improved this month, though remained negative.

NZ Dollar Falls as China’s Reports Overshadow Domestic Data

The New Zealand dollar fell during the Friday’s trading session. While domestic macroeconomic data was decent, some of the reports from New Zealand’s biggest trading partner, China, were disappointing.

NZ Dollar Surges on News About US-China Trade War Truce

The New Zealand dollar surged along with other commodity currencies today on the news about a temporary truce in the trade war between the United States and China. The kiwi was unable to beat its Australian counterpart, which emerged as the strongest on the Forex market.

New Zealand Building Consents Rise, NZ Dollar Goes Higher

The New Zealand dollar gained today. Domestic macroeconomic data released overnight was good, but it does not seem to contribute much to the currency’s rally.

NZ Dollar Drops on Negative Business Confidence, Trims Losses Later

The New Zealand dollar fell today as the business confidence remained negative. Yet by now, the currency has trimmed losses, erasing them outright against some of its rivals.

NZ Dollar Gains After Release of Financial Stability Report

The New Zealand dollar gained today after the Reserve Bank of New Zealand released the Financial Stability report. Gains were limited, though, as market participants were waiting for new developments in the trade war between the United States and China.

NZ Dollar Advances Despite Worse-Than-Expected Trade Balance

The New Zealand dollar rose today despite New Zealand’s trade balance, which was released overnight, missed expectations.

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