NZDUSD

In this section, you will find important NZDUSD news, actionable trading ideas, and a live NZDUSD chart to help you understand the markets better.

NZDUSD also is known as Kiwi between forex traders, is the ticker symbol in Forex markets that represents how many US dollars you can buy with one New Zealand Dollar. The price of the pair is affected by changes in both economies and could be affected by changes in monetary policy from the Reserve Bank of New Zealand and FED. New Zealand is a dairy exports economy and the outlook and performance of that sector plays an important role in the value of NZD

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NZDUSD News

NZDUSD

NZD/USD Spikes Following RBNZ’s Hawkish Tone

NZD/USD has spiked as the market reacts to the interest rate decision by the Reserve Bank of New Zealand (RBNZ). As economists has expected, the central bank has left the cash rate unchanged at 0.25%. Besides, it will continue with the $72.2 billion (NZD 100 billion) asset purchasing program as […]

NZDUSD

NZD/USD Outlook ahead of the RBNZ Interest Rate Decision

NZD/USD is on a bearish consolidation pattern despite the better-than-expected New Zealand retail sales numbers. According to Statistics New Zealand, the country’s retail sales rose by 2.5% in the year’s first quarter. In 2020’s final quarter, the numbers had dropped by 2.7%. With the exclusion of food and energy, core […]

NZDUSD

NZD/USD on Relief Rally After RBNZ Governor’s Hawkish Tone

NZD/USD is on a relief rally after RBNZ Governor maintained a hawkish tone. Notably, New Zealand is one of the few countries with near-zero community COVID-19 cases. The government’s swift response at the onset of the pandemic have helped the economy remain relatively steady. As an indicator of economic growth, […]

NZDUSD

How Will the New Zealand Employment Change Affect the NZD/USD?

Analysts at Westpac expect the labour market surveys to indicate some modestly positive outcomes. Even though the tourism industry took a hit from COVID-related enforced border closures, the job market has been resilient. Job ads are also said to be rising, indicating that labour demand was rising. However, the report […]

NZDUSD

RBNZ Interest Rate Decision Preview: Key Levels for NZD/USD

NZD/USD is trading lower as the market reacts to the Q1’21 NZIER Business Confidence Index. The index, which is an indicator of New Zealand’s economic health came in at -13%, which is lower than -6% in Q4’20. Besides, the US dollar has strengthened amid rising bond yields. On Tuesday, the […]

NZDUSD

NZD/USD Forecast: Most Overbought Since December

The NZD/USD price is in a strong upsurge as investors react to the latest RBNZ interest rate decision and the overall weak US dollar. The NZDUSD has risen for the past four consecutive weeks and is close to the highest level since July 2017. It has jumped by more than […]

NZDUSD

RBNZ Leaves Rates Unchanged; NZD/USD Poised to Hit $0.7400

The Reserve Bank of New Zealand (RBNZ) decided on its monetary policy direction a few hours ago and opted to leave interest rates unchanged at 0.25%, building on the country’s relative success in stemming the tide of the coronavirus pandemic. This decision was widely expected and kept to market expectations. […]