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New Zealand GDP Growth Rate YoY
The services sector in New Zealand is the most important sector of the economy, accounting for 75% of the country's overall GDP. Within services, the most important segments are: finance, insurance, and business services (accounting for 30%), personal and community services (accounting for 13%), and transportation and communication (accounting for 11%). The industry sector accounts for 17% of GDP. The components of the industry sector are manufacturing (accounting for 13%), and construction (accounting for 4%). Agriculture, fishing, forestry, and mining account for the remaining 8% of total GDP.
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 |
|
|
1.0839 -50 pips |
1.0905 -16 pips |
1.08889 | |
EURNZD |
|
|
1.8907 -617 pips |
1.9481 +43 pips |
1.95236 | |
NZDCAD |
|
|
0.8122 -82 pips |
0.8275 -71 pips |
0.82036 | |
NZDJPY |
|
|
86.7255 -119 pips |
89.2172 -130 pips |
87.913 | |
NZDUSD |
|
|
0.5903 -90 pips |
0.6070 -77 pips |
0.59930 | |
GBPNZD |
|
|
2.2175 -486 pips |
2.1305 +1356 pips |
2.26612 | |
NZDCHF |
|
|
0.4924 +151 pips |
0.5025 -252 pips |
0.47731 |