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New Zealand Imports
Among the major imports into New Zealand are vehicles (13%), nuclear reactors, boilers, machinery and mechanical appliances (13%), fuels (10%), electrical machinery and equipment (8%), plastics (4%), and aircraft and spacecraft (4%). New Zealand's most dominant import partners are China (20% of total imports), Australia (12%), the United States (12%), Japan (7%), Germany (5%), Thailand (4%), and South Korea (4%).
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 -47 pips |
1.0911 -20 pips |
1.08909 | |
| EURNZD |
|
|
1.8905 -605 pips |
1.9480 +30 pips |
1.95100 | |
| NZDCAD |
|
|
0.8126 -94 pips |
0.8276 -56 pips |
0.82201 | |
| NZDJPY |
|
|
86.5120 -129 pips |
89.0038 -120 pips |
87.800 | |
| NZDUSD |
|
|
0.5902 -101 pips |
0.6070 -67 pips |
0.60028 | |
| GBPNZD |
|
|
2.2175 -459 pips |
2.1222 +1412 pips |
2.26339 | |
| NZDCHF |
|
|
0.4934 +167 pips |
0.5023 -256 pips |
0.47670 |
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 | 13h 29min 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
