NZD/USD

NZD/USD
New Zealand Dollar - US Dollar
Open
0.7163+0.0014 (+0.19%)
As of: Oct 25, 2021 07:14 UTC
Open
0.7149
High
0.7172
Low
0.7135

Stats

Prev. Close

0.7149

Open

0.7149

Day's Range

0.7135 - 0.7172

52 Week Range

0.6225 - 0.7479

YTD Change

-0.23%

1 Year Change

7.17%

Economic Calendar

Time zone: GMT

Friday, October 22nd 2021

Time	Country	Event	Actual	Forecast	Previous
13:45	USD	Markit Services PMI Flash	58.2	55.1	54.9
14:00	USD	Fed Daly Speech
15:00	USD	Fed Chair Powell Speech
18:00	USD	Monthly Budget Statement	-62 B	-60 B	-171 B

Monday, October 25th 2021

Time	Time Left	Country	Event	Impact	Actual	Forecast	Previous
12:30	05:15	USD	Chicago Fed National Activity Index			0.18	0.29
14:30	07:15	USD	Dallas Fed Manufacturing Index			3.2	4.6

Tuesday, October 26th 2021

Time	Time Left	Country	Event	Impact	Actual	Forecast	Previous
13:00		USD	S&P/Case-Shiller Home Price YoY			20.1 %	19.9 %

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	0.5% Oct 06, 21		0.25% Sep 22, 21
Inflation Rate	4.9% Q3 21		5.4% Sep 21
Credit Ratings	Moody's	S&P	Moody's	S&P
Credit Ratings	AaaStable	AA+Stable	AaaStable	AA+Stable