New Zealand Dollar (NZD)

Economic growth in New Zealand eased to a five-year low sparking concerns that the Reserve Bank of New Zealand could be thinking of a rate cut. The declines came as the manufacturing sector and farming dragged economic growth lower. The…
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Consumer spending in New Zealand slowed down in the third quarter as retail sales fell more than expected. Official data from Statistics New Zealand showed that retail sales were flat in the three months ending September 2018. The data…
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Ensconced in an air-conditioned office, watching the markets with plenty of coffee on hand, might lead traders to feel oblivious to the sun or rain beyond the windows. But forex depends on the economy, and the weather can influence the…
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The Reserve Bank of New Zealand met for its monetary policy meeting on late Wednesday. As widely expected, the Central Bank held interest rates unchanged at 1.75%. The decision to leave interest rates steady came amid what is seen as a…
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Consumer prices in New Zealand rose unexpectedly in the three months ending September 2018; official data showed last week. Headline inflation rate was seen rising 0.9% on a quarterly basis during the third quarter of 2018, data from…
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The New Zealand Dollar (NZD) is surprisingly popular among traders given the unique characteristics of the country it's from - taking a larger than life role in the markets, not unlike the hobbits they are now famous for. Before the Lord of…
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The Reserve bank of New Zealand will be holding its monetary policy meeting this week. The central bank is expected to leave interest rates unchanged. The official cash rate remains at 1.75%. Despite an uptick in recent economic data,…
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Summary: New Zealand quarterly retail sales rise 1.1%, above estimates of 0.4% Annual retail sales rise 3.1% Better than expected retail sales raises prospects of a stronger Q2 GDP growth The latest retail sales report from…
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The latest quarterly statistics on the employment front for New Zealand showed that the nation's jobless rate inched higher. Meanwhile, dull wage growth remained but pressures from strikes across the different sectors are expected to boost…
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The week ahead is expected to start somewhat slower compared to the previous week, as data on the economic calendar is rather limited. The RBNZ’s monetary policy meeting is due this week, which is likely to gather attention amid lack of…
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