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.

Category:  Consumer Confidence
Units:  Points
Details
Impact: Low
Country:
Currency: NZD
Latest Release
Previous: 88.9
Consensus: 91
Actual: 93.2
Next Release
No data

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
1.0819
-82 pips
1.0929
-28 pips
1.09010
Symbol Action Percentage Volume Positions
AUDNZD Short 93% 18136.53 lots 43663
Long 7% 1458.51 lots 5045
18% of traders are currently trading AUDNZD.
EURNZD
1.7824
-170 pips
1.7994
-0 pips
1.79939
Symbol Action Percentage Volume Positions
EURNZD Short 73% 703.69 lots 4301
Long 27% 263.09 lots 1462
4% of traders are currently trading EURNZD.
NZDCAD
0.8134
-5 pips
0.8202
-63 pips
0.81391
Symbol Action Percentage Volume Positions
NZDCAD Short 19% 821.01 lots 3517
Long 81% 3507.15 lots 13337
11% of traders are currently trading NZDCAD.
NZDJPY
88.1392
-290 pips
91.5039
-47 pips
91.035
Symbol Action Percentage Volume Positions
NZDJPY Short 50% 258.72 lots 1771
Long 50% 261.31 lots 1620
2% of traders are currently trading NZDJPY.
NZDUSD
0.6006
+105 pips
0.6009
-108 pips
0.59010
Symbol Action Percentage Volume Positions
NZDUSD Short 7% 475.34 lots 2674
Long 93% 6324.20 lots 24327
15% of traders are currently trading NZDUSD.
GBPNZD
2.0844
-227 pips
2.0725
+346 pips
2.10709
Symbol Action Percentage Volume Positions
GBPNZD Short 74% 731.85 lots 4959
Long 26% 257.38 lots 1219
3% of traders are currently trading GBPNZD.
NZDCHF
0.5383
-3 pips
0.5493
-107 pips
0.53865
Symbol Action Percentage Volume Positions
NZDCHF Short 39% 388.96 lots 3404
Long 61% 618.74 lots 4523
4% of traders are currently trading NZDCHF.