NZD/USD — News Archive

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NZ Dollar Declines Despite Rising Manufacturing Index

The New Zealand dollar declined against its most-traded rivals today even after data released overnight showed that the manufacturing sector expanded with accelerating pace.

US Dollar Ends Week of FOMC Decision on Strong Footing

The US dollar performed decently over the past trading week but was outperformed by the Australian and New Zealand currencies, which were the strongest on the Forex market during the week.

NZ Dollar Suffers from Slowing Producer Inflation in China

The New Zealand dollar fell against some of its most traded rivals, including the US dollar and the Japanese yen, today. The most likely reason for the losses was the slowing producer inflation in China, New Zealand’s major trading partner.

NZ Dollar Jumps After Employment Data Beats Expectations

The New Zealand dollar jumped against all of its most-traded rivals today as employment data released in New Zealand overnight came out much better than was expected.

NZ Dollar Fails to Maintain Rally Despite Improving Business Confidence

The New Zealand dollar attempted to rally earlier today but failed and moved below the opening level. The slight improvement of the business confidence was not enough to support the currency.

NZ Dollar Mixed After Trade Balance Deficit Reaches Record High

The New Zealand dollar was mixed today after falling intraday as the monthly trade balance deficit reached the highest level on record. But the bounce of global stocks supported riskier commodity currencies.

US Dollar Ends Week Strong, Commodity Currencies Outperform

The US dollar ended the week relatively strong against most other major currencies thanks to the hawkish minutes of the Federal Reserve. Yet commodity currencies, including the Australian and New Zealand dollars but excluding the Canadian dollar, outperformed the greenback.

NZD & AUD Firm Despite China’s GDP Miss

The New Zealand dollar, as well as its Australian counterpart, was strong today. The currencies rose against their most-traded rivals even as economic growth in China, the biggest trading partner of both New Zealand and Australia, was slower than expected. The miss was small, though, and other Chinese macroeconomic indicators were within expectations.

NZ Dollar Rises as Inflation Accelerates Beyond Expectations

The New Zealand dollar gained today after a report released overnight showed that inflation accelerated last quarter more than was expected.

US Dollar Ends Turbulent Week Soft

The stock market crashed this week and the US dollar followed. While the greenback recovered somewhat by the weekend, the US currency ended the week among losers.

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