NZD/USD

NZD/USD
New Zealand Dollar - US Dollar
0.7146-0.0027 (-0.38%)
As of: Apr 16 20:55 UTCMarket:Closed
Open
0.7173
High
0.7147
Low
0.7139

Stats

Prev. Close

0.7173

Open

0.7173

Day's Range

0.7139 - 0.7147

52 Week Range

0.5911 - 0.7465

YTD Change

-0.47%

1 Year Change

19.10%

Economic Calendar

Time zone: GMT

Friday, April 16th 2021

Time	Country	Event	Actual	Forecast	Previous
14:00	USD	Michigan Consumer Sentiment Prel	86.5	89.6	84.9
14:00	USD	Michigan Current Conditions Prel	97.2	96.3	93
14:00	USD	Michigan Consumer Expectations Prel	79.7	83.6	79.7
14:00	USD	Michigan Inflation Expectations Prel	3.7 %	3.2 %	3.1 %

Tuesday, April 20th 2021

Time	Time Left	Country	Event	Impact	Actual	Forecast	Previous
20:30		USD	API Crude Oil Stock Change				-3.61 M
22:45		NZD	Inflation Rate QoQ			0.8 %	0.5 %

Wednesday, April 21st 2021

Time	Time Left	Country	Event	Impact	Actual	Forecast	Previous
14:30		USD	EIA Cushing Crude Oil Stocks Change				346 K

NZD/USD

The Kiwi Dollar is also referred to as the Kiwi is a commodity currency. Due to interest rate differentials in favor of the Kiwi, the Kiwi Dollar is a carry trade currency. Additionally, dairy prices and tourism influence the Kiwi Dollar. New Zealand is the world's largest exporter of milk powder, with tourism a key contributor to the NZ economy. Heavy export volumes to China make the Kiwi Dollar sensitive to economic data from China. The NZD/USD pairing is equal 7th most liquid pairing, accounting for 4% of total transaction volume.

	New Zealand		United States
Interest Rate	0.25% Apr 14, 21		0.25% Mar 17, 21
Inflation Rate	1.4% Q4 20		2.6% Mar 21
Credit Ratings	Moody's	S&P	Moody's	S&P
Credit Ratings	AaaStable	AA+Stable	AaaStable	AA+Stable