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New Zealand Westpac Consumer Confidence
The Westpac McDermott Miller Consumer Confidence Index, which is issued on a quarterly basis in New Zealand, measures the amount of confidence that consumers have in the country's economic performance. When people answer five internationally standardized questions about their own financial circumstances, national economic expectations, and attitudes toward big purchases in percentage form, the Consumer Confidence Index is computed. It is the sum of 100 plus the average of the difference between positive and negative replies given in the survey. A number greater than 100 indicates greater optimism than pessimism, whilst a number lower than 100 indicates greater pessimism.
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 |
1.08885 | |
| EURNZD |
|
|
1.8905 -596 pips |
1.9479 +22 pips |
1.95010 | |
| NZDCAD |
|
|
0.8126 -98 pips |
0.8276 -52 pips |
0.82236 | |
| NZDJPY |
|
|
86.5133 -135 pips |
89.0033 -114 pips |
87.859 | |
| NZDUSD |
|
|
0.5902 -104 pips |
0.6070 -64 pips |
0.60058 | |
| GBPNZD |
|
|
2.2173 -457 pips |
2.1224 +1406 pips |
2.26296 | |
| NZDCHF |
|
|
0.4934 +166 pips |
0.5023 -255 pips |
0.47680 |
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 33min 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
