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New Zealand Electronic Retail Card Spending YoY
Electronic Retail Card Spending calculates the credit card purchases by consumers in New Zealand on consumables, durables, hospitality, the apparel industry, motor vehicles, and fuel. Transactions involving debit, credit, and charge cards with retailers located in New Zealand are covered by the electronic card transactions series. Indicators of changes in consumer spending and economic activity can be derived from this indicator.
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 |
|
|
1.0844 -57 pips |
1.0910 -9 pips |
1.09008 | |
| EURNZD |
|
|
1.8912 -620 pips |
1.9478 +54 pips |
1.95322 | |
| NZDCAD |
|
|
0.8126 -84 pips |
0.8276 -66 pips |
0.82099 | |
| NZDJPY |
|
|
86.5340 -124 pips |
89.0289 -125 pips |
87.777 | |
| NZDUSD |
|
|
0.5900 -94 pips |
0.6070 -76 pips |
0.59936 | |
| GBPNZD |
|
|
2.2186 -476 pips |
2.1229 +1433 pips |
2.26618 | |
| NZDCHF |
|
|
0.4939 +171 pips |
0.5022 -254 pips |
0.47681 |
News (NZD)
New Zealand Holds Key Rate As Expected
The Reserve Bank of New Zealand left its benchmark interest rate unchanged on Wednesday citing elevated level of uncertainty and near-term risks to inflation. The Monetary Policy Committee, governed by Christian Hawkesby, decided to hold the Official Cash Rate at 3.25 percent. The bank has paused the easing cycle for the first time since it started cutting rates in August 2024.
RTTNews | 11h 18min ago
New Zealand Building Permits Jump 10%In May
The number of building permits issued in New Zealand was up a seasonally adjusted 10 percent on month in June, Statistics New Zealand said on Tuesday - coming in at 3,151.
RTTNews | 8 days ago
New Zealand GDP Expands 0.8% In Q1
New Zealand's gross domestic product expanded by a seasonally adjusted 0.8 percent on quarter in the first quarter of 2025, Statistics New Zealand said on Thursday.
RTTNews | 20 days ago
