AUD/NZD dips mildly to 1.0821 during Monday’s session. Markets are eyeing Australia’s April CPI and Retail Sales updates this week. Investors will eye New Zealand’s May...
NZD/USD remains stronger amid a softer US Dollar on Monday. The US Dollar lost ground after the 10-year US Treasury yield depreciated on Friday. The New...
NZD/USD pares daily losses amid hawkish comments from RBNZ officials on Friday. Strong PMI data pushed US yields higher, bolstering the Greenback. The improved Kiwi Consumer...
New Zealand’s Trade Balance came in at NZD $-10.11B YoY in April versus $-9.98B prior, according to the latest data released by Statistics New Zealand on...
New Zealand’s (NZ) Finance Minister Nicola Willis said in a speech on Thursday that The (government’s) deficit is expected to be larger next year than it...
NZD/USD holds ground after NZIER Monetary Policy Shadow Board advised the RBNZ to keep the OCR unchanged at 5.5%. The US Dollar faces a challenge as...
New Zealand’s Electronic Retail Sales contracted in April, falling -0.4%. The decline slowed the pace of contraction from the previous month’s -0.7%, but the annualized figure...
NZD/USD has depreciated as the softer Inflation Expectations (Q2) fueled speculation that the RBNZ may lower rates in 2024. The Kiwi Business NZ PSI fell to...
New Zealand’s (NZ) inflation expectations extended their decline on a 12-month and a two-year time frame for the second quarter of 2024, the Reserve Bank of New Zealand’s (RBNZ) latest monetary conditions...
NZD/USD retreated after the data showed the manufacturing sector had been in contraction for 14 consecutive months. The Business NZ Performance of Manufacturing Index improved to...
NZD/USD gains ground after Chinese import shows rise in April. RBNZ indicated a delay in any potential rate cut until 2025. The higher US Treasury yields...
NZD/USD snaps its winning streak due to a rebound in the US Dollar. The US Dollar struggled due to softer-than-expected US jobs data revived hopes for...
NZD/USD rises to 0.5960 as US Dollar exhibits a weak footing ahead of US Q1 GDP data. The consensus shows that the US economy expanded by...
NZD/USD extends gains despite the prevailing bearish sentiment for the pair. A break below 0.5900 could lead the pair to test the rebound support level of...
New Zealand’s Trade Balance in NZD terms fell $-9.87 billion through the year ended in March, slightly less than the previous YoY period, which declined $-12.06...
NZD/USD maintains gains despite the bearish sentiment indicated by the technical analysis. Traders might contemplate short positions if the pair breaks below the support area encompassing...
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NZD/USD extends its losing streak as traders adopt cautious stance amid anticipation of Israel’s response to Iran’s assault. US Retail Sales (MoM) rose by 0.7% in...
New Zealand’s Business NZ Performance of Manufacturing Index (PMI) contracted to 47.1 in March from the previous reading of 49.3, according to Business NZ on Friday. ...
NZD/JPY extends gains as RBNZ holds its OCR at 5.5% to tame inflation. RBNZ committee expects higher rates will bring inflation back within the target range....