It is calculated by combining the diffusion indexes for sales, new orders, deliveries, inventories, and employment to produce the Business NZ Performance of Services Index (PSI). A value above 50 indicates that the Services sector has increased in comparison to the previous month, a reading below 50 indicates that the sector has declined, and a reading of 50 shows that there has been no change in the Services sector.

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.

Category:  Services PMI
Units:  Points
Details
Impact: Low
Country:
Currency: NZD
Latest Release
Previous: 48.5
Consensus: 48.6
Actual: 44
Next Release
Date: Jul 13, 22:30
Time left: 4 days
Consensus: 45.6

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
-45 pips
1.0911
-22 pips
1.08886
Symbol Action Percentage Volume Positions
AUDNZD Short 53% 3245.79 lots 13825
Long 47% 2828.66 lots 8229
17% of traders are currently trading AUDNZD.
EURNZD
1.8905
-603 pips
1.9479
+29 pips
1.95081
Symbol Action Percentage Volume Positions
EURNZD Short 88% 498.76 lots 2917
Long 12% 66.93 lots 426
3% of traders are currently trading EURNZD.
NZDCAD
0.8126
-98 pips
0.8276
-52 pips
0.82238
Symbol Action Percentage Volume Positions
NZDCAD Short 39% 829.91 lots 4219
Long 61% 1316.15 lots 8562
9% of traders are currently trading NZDCAD.
NZDJPY
86.5133
-135 pips
89.0033
-114 pips
87.860
Symbol Action Percentage Volume Positions
NZDJPY Short 82% 316.98 lots 975
Long 18% 70.46 lots 800
1% of traders are currently trading NZDJPY.
NZDUSD
0.5902
-104 pips
0.6070
-64 pips
0.60057
Symbol Action Percentage Volume Positions
NZDUSD Short 39% 528.36 lots 2332
Long 61% 835.82 lots 4612
9% of traders are currently trading NZDUSD.
GBPNZD
2.2173
-457 pips
2.1224
+1406 pips
2.26305
Symbol Action Percentage Volume Positions
GBPNZD Short 80% 180.77 lots 1153
Long 20% 45.73 lots 638
1% of traders are currently trading GBPNZD.
NZDCHF
0.4934
+163 pips
0.5023
-252 pips
0.47708
Symbol Action Percentage Volume Positions
NZDCHF Short 9% 54.86 lots 453
Long 91% 571.87 lots 3920
4% of traders are currently trading NZDCHF.