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: 48.9
Consensus: 49.5
Actual: 47.5
Next Release
Date: Oct 12, 21:30
Time left: 24 days
Consensus: 50.4

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
1.1104
-148 pips
1.1101
+151 pips
1.12516
Symbol Action Percentage Volume Positions
AUDNZD Short 96% 11802.72 lots 39687
Long 4% 432.19 lots 1570
13% of traders are currently trading AUDNZD.
EURNZD
1.9370
-638 pips
1.9830
+178 pips
2.00079
Symbol Action Percentage Volume Positions
EURNZD Short 96% 804.36 lots 3850
Long 4% 31.44 lots 265
3% of traders are currently trading EURNZD.
NZDCAD
0.8129
+21 pips
0.8189
-81 pips
0.81083
Symbol Action Percentage Volume Positions
NZDCAD Short 38% 850.53 lots 3545
Long 62% 1409.76 lots 9567
9% of traders are currently trading NZDCAD.
NZDJPY
86.0948
-97 pips
87.9757
-91 pips
87.069
Symbol Action Percentage Volume Positions
NZDJPY Short 24% 97.63 lots 816
Long 76% 307.35 lots 1770
2% of traders are currently trading NZDJPY.
NZDUSD
0.5865
-7 pips
0.5977
-105 pips
0.58724
Symbol Action Percentage Volume Positions
NZDUSD Short 46% 662.61 lots 2683
Long 54% 762.64 lots 4257
7% of traders are currently trading NZDUSD.
GBPNZD
2.2779
-276 pips
2.1454
+1601 pips
2.30549
Symbol Action Percentage Volume Positions
GBPNZD Short 83% 728.33 lots 3988
Long 17% 152.08 lots 673
2% of traders are currently trading GBPNZD.
NZDCHF
0.4837
+176 pips
0.4888
-227 pips
0.46610
Symbol Action Percentage Volume Positions
NZDCHF Short 6% 58.80 lots 318
Long 94% 918.70 lots 5197
3% of traders are currently trading NZDCHF.