NZDUSD is leading losses among the majors in today's trading after the RBNZ increased its QE program to almost double its initial size.
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
Live NZDUSD Chart
The Reserve Bank of New Zealand (RBNZ) is set to declare its Official Cash Rate (OCR) tomorrow, and will also...
The NZDUSD pair dropped sharply as the market continued to worry about the relationship between New Zealand and China. New...
NZDUSD is trading at a critical resistance after the ANZ Business Outlook revealed improvements. Will the RBNZ rate decision push it higher or lower?
The NZDUSD will be the cynosure of attention as the New Zealand inflation expectation is released at 3 am GMT. New Zealand's recently released jobs report showed that employment grew 1.6% on an annualized basis as against the market consensus of 0.7%. Average hourly earnings rose 1.4% quarter-on-quarter, which trumped the market expectation of a 0.9% growth.
While NZDUSD remains unchanged despite positive jobs data from New Zealand, there are a few reasons for why the currency pair could rally soon.
NZDUSD trades 0.15% at 0.6060 consolidating at the 50-day moving average after the recent pullback from monthly highs. ANZ Banking Group earlier today revised down the Fonterra 2020-21
NZDUSD is trading sharply lower in today’s Asian session and is leading losses among the majors. The currency pair is down by almost 50 pips or 0.80%, trading around 0.5993, as investors fear that New Zealand may soon adopt negative rates.
Asian stocks finished higher as the crude oil price rebounds and U.S. senate approve another relief package up to 500...
After trading higher on news that New Zealand would ease its lockdown restrictions next week, NZDUSD is the biggest loser among the major currencies. Its losses today were brought about by dovish remarks from RBNZ Governor Adrian Orr.