Rates of interest in New Zealand are set by the Reserve Bank of New Zealand, which is the central bank of the country. The Official Cash Rate (OCR) serves as the official interest rate. The OCR was introduced in March 1999, and it is evaluated eight times a year by the central bank. This rate determines the cost of borrowing money in the country and supplies the Reserve Bank with a tool for controlling both the level of economic activity and inflation in the country.

Category:  Interest Rate
Units:  Points
Details
Impact: Medium
Country:
Currency: NZD
Latest Release
Date: Feb 28, 2024
Next Release
Date: May 22, 03:00
Time left: 14 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
1.0882
-110 pips
1.0996
-4 pips
1.09919
Symbol Action Percentage Volume Positions
AUDNZD Short 96% 22794.90 lots 46029
Long 4% 869.03 lots 4961
18% of traders are currently trading AUDNZD.
EURNZD
1.7769
-148 pips
1.7970
-53 pips
1.79168
Symbol Action Percentage Volume Positions
EURNZD Short 23% 394.63 lots 1992
Long 77% 1327.56 lots 5813
7% of traders are currently trading EURNZD.
NZDCAD
0.8177
-68 pips
0.8275
-30 pips
0.82447
Symbol Action Percentage Volume Positions
NZDCAD Short 86% 3874.54 lots 18575
Long 14% 652.52 lots 3515
13% of traders are currently trading NZDCAD.
NZDJPY
91.6342
-128 pips
92.8641
+5 pips
92.912
Symbol Action Percentage Volume Positions
NZDJPY Short 81% 908.86 lots 5631
Long 19% 211.88 lots 1432
5% of traders are currently trading NZDJPY.
NZDUSD
0.5975
-38 pips
0.6106
-93 pips
0.60132
Symbol Action Percentage Volume Positions
NZDUSD Short 80% 5378.31 lots 16054
Long 20% 1330.02 lots 8598
13% of traders are currently trading NZDUSD.
GBPNZD
2.0702
-155 pips
2.0939
-82 pips
2.08566
Symbol Action Percentage Volume Positions
GBPNZD Short 15% 266.95 lots 1867
Long 85% 1542.50 lots 5673
4% of traders are currently trading GBPNZD.
NZDCHF
0.5389
-65 pips
0.5506
-52 pips
0.54540
Symbol Action Percentage Volume Positions
NZDCHF Short 69% 733.07 lots 6267
Long 31% 336.13 lots 2960
4% of traders are currently trading NZDCHF.