NZD/USD — News Archive

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Positive Retail Sales Data Doesn’t Help NZD Overcome Weakness

Commodity currencies were generally weak today. That translated to the New Zealand dollar even though domestic macroeconomic data was very good.

NZ Dollar Gains on Rivals, Fails to Hold Ground vs. US Dollar

The New Zealand dollar behaved similarly to its Australian counterpart, rising at the start of today’s session, slumping afterwards, but recovering later. As a result, the kiwi maintained gains versus some of its rivals, though was unable to hold ground against the US dollar.

NZ Dollar Halts Rally After Manufacturing Data, Resumes Rise Later

The New Zealand dollar started a rally by the end of the previous trading session and extended it today. While the kiwi had halted the advance after the release of the manufacturing data, the currency has resumed its upward movement afterwards.

NZ Dollar Bounce After Decline Caused by China’s Data

The New Zealand dollar fell today following the release of reports that showed slower growth of both consumer and producer prices in China, New Zealand’s biggest trading partner. Yet the currency managed to bounce and is now trading either at or above the opening levels versus its most-traded rivals.

NZ Dollar Soft After RBNZ Meeting, Tries to Crawl Back

The New Zealand dollar started the current trading session soft following the monetary policy meeting of the Reserve Bank of New Zealand at the end of the previous session. But the currency managed to trim losses against some rivals by now and erase them outright against others.

NZ Dollar Gets Boost from Employment Data, Struggles to Keep Gains

The New Zealand dollar climbed at the start of the current trading session following the release of surprisingly good employment data at the end of the previous session. But the currency has trimmed its gains against some rivals and lost them against others by now.

NZ Dollar Falls with Building Permits

The New Zealand dollar fell today against most-traded counterparts, including the US dollar, against which the kiwi was rising during the previous three trading sessions.

NZ Dollar Strong Despite Mixed Data from China

The New Zealand dollar was extremely strong today, jumping more than 1% against such most-traded currencies as the US dollar and the Japanese yen, despite mixed economic reports from New Zealand’s biggest trading partner — China.

NZ Dollar Behaves Similar to Aussie, Ignoring New Zealand Trade Balance

The New Zealand dollar fell earlier today but has bounced by now, behaving similar to its Australian counterpart. The trade balance report released close to the end of the previous trading session provided a positive surprise, but it had a negligible impact on the currency.

NZ Dollar Attempts to Bounce After Slump Caused by Inflation Report

The New Zealand dollar gained versus its most-traded peers today following the decline caused by the nation’s inflation print that missed market expectations.

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