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NZD/USD

NZD/USD Trading - New Zealand Inflation Expectations - 07 Feb 2017

NZD/USD Trading chart 7 Feb 2017
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Strong uptick in the quarterly New Zealand inflation expectations alongside the increase in headline consumer prices in the last quarter of 2016, which saw inflation return to the RBNZ’s inflation target mid-point of 2%, reinforces expectations that the RBNZ will be tightening policy soon.

NZD/USD Trading - NZ Trade balance - 30 Jan 2017

NZD/USD Trading chart 30 Jan 2017
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The New Zealand dollar opened slightly higher on Monday during the Asian trading session, with the gains reflecting the weakness in the U.S. dollar along with the news of improved trade balance figures for the month of December. NZDUSD rose to intraday session highs of $0.7280 before giving back the gains.

NZD/USD Trading - New Zealand house prices - 17 Jan 2017

NZD/USD Trading chart 17 Jan 2017
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The New Zealand dollar has been posting strong gains over the past few sessions as the Kiwi has now retraced most of the declines since late November, led by the Trump rally. The latest house price data added further support to the Kiwi which is now within reach of the critical resistance level at 0.7231.
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