NZD/USD — News Archive


US Dollar Ends Week Soft as US-China Trade War Becomes Non-Event

The US dollar ended the week mostly soft despite escalation of the US-China trade conflict. Markets largely brushed off the news, and traders showed more interest in riskier higher-beta currencies instead of safer ones.

NZ Dollar Continues to Rise After Surging on Solid GDP

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.

NZ Dollar Rallies on Positive Sentiment, Dismisses Underwhelming Data

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.

NZ Dollar Stands Firm in Face of Overwhelmingly Negative Data

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

NZ Dollar Crashes As Business Confidence Worsens

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

NZ Dollar Rallies After Trade Deficit Shrinks

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.

New Zealand Dollar Mixed After Retail Sales Beat Expectations

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.

US Dollar Ends Week Soft As Market Enters Consolidation Mode

The US dollar, as well as the Japanese yen, was among losers during the past trading week as the investors’ sentiment improved and the market entered a consolidation mode. The Great Britain pound was also among the weakest currencies, while the New Zealand dollar and the Canadian dollar were the strongest ones.

NZ Dollar Dollar Rises After Better-Than-Expected PPI

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

NZ Dollar Tanks, Hurt by Dovish RBNZ

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.