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New Zealand Services NZ PSI
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.
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 | |
| EURNZD |
|
|
1.8905 -603 pips |
1.9479 +29 pips |
1.95081 | |
| NZDCAD |
|
|
0.8126 -98 pips |
0.8276 -52 pips |
0.82238 | |
| NZDJPY |
|
|
86.5133 -135 pips |
89.0033 -114 pips |
87.860 | |
| NZDUSD |
|
|
0.5902 -104 pips |
0.6070 -64 pips |
0.60057 | |
| GBPNZD |
|
|
2.2173 -457 pips |
2.1224 +1406 pips |
2.26305 | |
| NZDCHF |
|
|
0.4934 +163 pips |
0.5023 -252 pips |
0.47708 |
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 34min 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
