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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.

Category:  Consumer Confidence
Units: Points
Details
Impact Low
Country transparent
Currency NZD
Latest Release
Previous 107.1
Consensus 109
Actual 102.7
Next Release
Date Dec 14, 20:00
Time left 84 days
Consensus 105

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
1.0335
-10 pips
1.0478
-133 pips
1.03446
Symbol Action Percentage Volume Positions
AUDNZD Short 14% 390.62 lots 2064
Long 86% 2410.10 lots 9040
8% of traders are currently trading AUDNZD.
EURNZD
1.6668
-37 pips
1.6840
-135 pips
1.67047
Symbol Action Percentage Volume Positions
EURNZD Short 31% 230.18 lots 1111
Long 69% 523.60 lots 2677
3% of traders are currently trading EURNZD.
NZDCAD
0.8905
-70 pips
0.8994
-19 pips
0.89755
Symbol Action Percentage Volume Positions
NZDCAD Short 88% 1788.79 lots 5637
Long 12% 248.08 lots 1014
5% of traders are currently trading NZDCAD.
NZDJPY
75.5947
-135 pips
77.6170
-67 pips
76.944
Symbol Action Percentage Volume Positions
NZDJPY Short 45% 347.61 lots 1456
Long 55% 420.45 lots 1661
3% of traders are currently trading NZDJPY.
NZDUSD
0.6862
-160 pips
0.7074
-52 pips
0.70222
Symbol Action Percentage Volume Positions
NZDUSD Short 46% 896.82 lots 3773
Long 54% 1052.21 lots 4592
7% of traders are currently trading NZDUSD.
GBPNZD
1.9378
-83 pips
1.9674
-213 pips
1.94606
Symbol Action Percentage Volume Positions
GBPNZD Short 14% 146.54 lots 844
Long 86% 900.01 lots 3402
3% of traders are currently trading GBPNZD.
NZDCHF
0.6427
-86 pips
0.6563
-50 pips
0.65129
Symbol Action Percentage Volume Positions
NZDCHF Short 81% 551.60 lots 2338
Long 19% 131.39 lots 909
3% of traders are currently trading NZDCHF.