New Zealand Current Account
The Current Account balance is calculated as the difference between exports minus imports of products and services, net factor income (such as interest and dividends), and net transfer payments (such as foreign aid).
A higher than expected figure should be seen as positive (bullish) for the NZD while a lower than expected figure should be seen as negative (bearish) for the NZD.
Forex Sentiment (NZD)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| AUDNZD |
|
|
1.1013 -59 pips |
1.1110 -38 pips |
1.10721 | |
| EURNZD |
|
|
1.8032 -184 pips |
1.8302 -86 pips |
1.82160 | |
| NZDCAD |
|
|
0.8139 -30 pips |
0.8244 -75 pips |
0.81692 | |
| NZDJPY |
|
|
85.7140 +7 pips |
88.2329 -259 pips |
85.642 | |
| NZDUSD |
|
|
0.5770 +27 pips |
0.5951 -208 pips |
0.57426 | |
| GBPNZD |
|
|
2.1688 -307 pips |
2.1294 +701 pips |
2.19945 | |
| NZDCHF |
|
|
0.5156 +5 pips |
0.5267 -116 pips |
0.51515 |
News (NZD)
New Zealand Central Bank Cuts Rate; Signals Steeper Easing
The Reserve Bank of New Zealand cut its interest rate further by 50 basis points on Thursday and signalled more reductions this year to support economic growth. The Monetary Policy Committee of the Reserve Bank of New Zealand, led by Governor Adrian Orr, decided to lower the Official Cash Rate to 3.75 percent from 4.25 percent. The bank has lowered the rate by 175 basis points since August.
RTTNews | 3 days ago
New Zealand Services Index Expands In January - BusinessNZ
The services sector in New Zealand climbed up into expansion territory in January, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 50.4.
RTTNews | 6 days ago
New Zealand Manufacturing Sector Climbs Into Expansion - BusinessNZ
The manufacturing sector in New Zealand moved up into expansion territory in January, the latest survey from BusinessNZ revealed on Friday with a manufacturing PMI core of 51.4.
RTTNews | 9 days ago
