The business confidence index in New Zealand is intended to capture company sentiment towards the predicted future state of their business and economy as a whole. The survey has around 700 replies. The Net index is produced by subtracting the percentage of firms that anticipate that the economic situation will improve from the percentage of businesses that anticipate that the economic situation will deteriorate.

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.

Category:  Business Confidence
Units:  Points
Details
Impact: Medium
Country:
Currency: NZD
Latest Release
Previous: 22.9
Consensus: 24
Actual: 14.9
Next Release
Date: May 30, 01:00
Time left: 20 days

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
1.0860
-103 pips
1.0986
-23 pips
1.09632
Symbol Action Percentage Volume Positions
AUDNZD Short 89% 13329.70 lots 35962
Long 11% 1727.17 lots 8239
17% of traders are currently trading AUDNZD.
EURNZD
1.7772
-118 pips
1.7978
-88 pips
1.78901
Symbol Action Percentage Volume Positions
EURNZD Short 28% 375.92 lots 1991
Long 72% 960.82 lots 4362
4% of traders are currently trading EURNZD.
NZDCAD
0.8185
-49 pips
0.8270
-36 pips
0.82339
Symbol Action Percentage Volume Positions
NZDCAD Short 83% 4582.36 lots 21054
Long 17% 929.43 lots 5045
18% of traders are currently trading NZDCAD.
NZDJPY
92.3084
-122 pips
93.0559
+47 pips
93.525
Symbol Action Percentage Volume Positions
NZDJPY Short 92% 1793.87 lots 9479
Long 8% 151.23 lots 1151
6% of traders are currently trading NZDJPY.
NZDUSD
0.5973
-25 pips
0.6094
-96 pips
0.59980
Symbol Action Percentage Volume Positions
NZDUSD Short 66% 3053.45 lots 11616
Long 34% 1581.77 lots 9164
13% of traders are currently trading NZDUSD.
GBPNZD
2.0634
-180 pips
2.0917
-103 pips
2.08144
Symbol Action Percentage Volume Positions
GBPNZD Short 10% 223.74 lots 1421
Long 90% 2044.64 lots 6930
4% of traders are currently trading GBPNZD.
NZDCHF
0.5391
-64 pips
0.5506
-51 pips
0.54552
Symbol Action Percentage Volume Positions
NZDCHF Short 69% 836.22 lots 6494
Long 31% 367.97 lots 3190
4% of traders are currently trading NZDCHF.