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: 52.6
Consensus: 53.4
Actual: 47.5
Next Release
Date: May 12, 22:30
Time left: 27 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
1.0816
-89 pips
1.0924
-19 pips
1.09046
Symbol Action Percentage Volume Positions
AUDNZD Short 90% 17905.05 lots 42417
Long 10% 1943.31 lots 7237
18% of traders are currently trading AUDNZD.
EURNZD
1.7765
-147 pips
1.7950
-38 pips
1.79117
Symbol Action Percentage Volume Positions
EURNZD Short 35% 458.95 lots 3054
Long 65% 857.85 lots 4655
6% of traders are currently trading EURNZD.
NZDCAD
0.8153
-26 pips
0.8232
-53 pips
0.81792
Symbol Action Percentage Volume Positions
NZDCAD Short 56% 2177.09 lots 7851
Long 44% 1699.87 lots 8212
13% of traders are currently trading NZDCAD.
NZDJPY
88.4800
-304 pips
91.4916
+3 pips
91.519
Symbol Action Percentage Volume Positions
NZDJPY Short 49% 326.08 lots 2004
Long 51% 334.57 lots 1872
2% of traders are currently trading NZDJPY.
NZDUSD
0.6002
+53 pips
0.6045
-96 pips
0.59487
Symbol Action Percentage Volume Positions
NZDUSD Short 15% 663.25 lots 3506
Long 85% 3904.06 lots 17434
11% of traders are currently trading NZDUSD.
GBPNZD
2.0752
-198 pips
2.0817
+133 pips
2.09501
Symbol Action Percentage Volume Positions
GBPNZD Short 55% 442.42 lots 3284
Long 45% 356.19 lots 1948
3% of traders are currently trading GBPNZD.
NZDCHF
0.5390
-46 pips
0.5519
-83 pips
0.54357
Symbol Action Percentage Volume Positions
NZDCHF Short 51% 476.97 lots 4117
Long 49% 466.37 lots 3515
4% of traders are currently trading NZDCHF.