Updates to New Zealand’s Balance of Payments (BoP) may curb the recent weakness in NZD/USD as the region is anticipated to post a trade surplus of 198M in April.
The Canadian dollar outperforms its major counterparts, with the USD/CAD rate at risk for a larger pullback, while the New Zealand dollar stands at risk of facing near-term headwinds as the region’s employment report is […]
The New Zealand dollar fell to a 3 1/2-month low as rising yields on US Treasuries underpinned support for the greenback as higher US interest rates come at a time when New Zealand’s are flat. […]
The dollar fell on Monday as markets assessed the impact of strikes on Syria by the United States and its allies at the weekend, although losses were limited as the military action did not result […]
Today is the fifth consecutive session that the Australian dollar has weakened against the New Zealand dollar. It has now fallen to test a three-year old trendline that we show on the Great Graphic, composed […]
The activity outlook in New Zealand showed modest improvement in March, the latest survey from ANZ Bank revealed on Wednesday with an index score of 21.8. That’s up from 20.4 in February. However, the bank […]
The Reserve Bank of New Zealand is credited with being the first central bank to adopt a formal inflation target. Following last year’s election, the central bank’s mandate has been modified to include full employment. […]
Overseas merchandise trade statistics provide information on imports and exports of merchandise goods between New Zealand and other countries. Key facts This release refers to trade in goods only. February 2018 month February 2018 monthly […]
Total credit card spending in New Zealand increased in February after falling in the previous month, data from the Reserve Bank of New Zealand showed Wednesday. Credit card spending rose 0.7 percent month-over-month in February, […]
The US Dolllar gained while its New Zealand counterpart fell. Tomorrow could be an intense day of price action with the Fed and RBNZ rate decisions due within hours of each other.