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New Zealand Global Dairy Trade Price Index
Every two weeks, the index in New Zealand calculates the weighted average price of 9 dairy products sold at auction.
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 |
|
|
1.0722 -3 pips |
1.0869 -144 pips |
1.07247 | |
| EURNZD |
|
|
1.8443 -620 pips |
1.9215 -152 pips |
1.90626 | |
| NZDCAD |
|
|
0.8132 -141 pips |
0.8313 -40 pips |
0.82726 | |
| NZDJPY |
|
|
84.1160 -159 pips |
88.4056 -270 pips |
85.706 | |
| NZDUSD |
|
|
0.5829 -141 pips |
0.6061 -91 pips |
0.59698 | |
| GBPNZD |
|
|
2.1892 -435 pips |
2.1740 +587 pips |
2.23271 | |
| NZDCHF |
|
|
0.4922 -15 pips |
0.5110 -173 pips |
0.49369 |
News (NZD)
New Zealand Trade Surplus Tops Expectations
New Zealand's trade surplus increased more than expected in March to the highest level since the coronavirus pandemic in 2020 as exports to China and the US logged double-digit growth, official data revealed on Tuesday. The trade surplus rose sharply to NZ$970 million from NZ$392 million in February, Stats NZ said. This was the highest surplus since May 2020.
RTTNews | 5 days ago
New Zealand Inflation Rises To 2.5%
New Zealand inflation accelerated for the first time in nearly three years in the first quarter but it remained well within the central bank target, official data showed on Thursday. Consumer price inflation rose to 2.5 percent in the first quarter from 2.2 percent in the preceding period, Sats NZ reported.
RTTNews | 10 days ago
Reserve Bank Of New Zealand Cuts Rate By 25 Bps, Signals Further Easing
The Reserve Bank of New Zealand reduced its benchmark rate by a quarter-point, as expected on Wednesday, and hinted at further easing as recent increases in trade tariffs pose downside risks to economic outlook. The Monetary Policy Committee, led by acting governor Christian Hawkesby, decided to cut the Official Cash Rate by 25 basis points to 3.50 percent, which was the lowest since October 2022.
RTTNews | 18 days ago
