NZD/USD Exchange Rate Today, Forecast & News

NZD/USD
New Zealand Dollar - US Dollar
Open
0.59134-0.00377 (-0.63%)
As of: Oct 03, 2023 04:39 UTC
Open
0.59511
High
0.59549
Low
0.59111

Stats

Prev. Close

0.59511

Open

0.59511

Day's Range

0.59111 - 0.59549

52 Week Range

0.54566 - 0.65920

YTD Change

-6.88%

1 Year Change

5.22%

Economic CalendarAll Events

Time zone: GMT

Monday, October 2nd 2023
Time	Currency	Event	Impact	Actual	Consensus	Previous
15:00	USD	Fed Chair Powell Speech	Medium
17:00	USD	Fed Barr Speech	Medium
17:30	USD	Fed Williams Speech	Medium
23:30	USD	Fed Mester Speech	Medium

Tuesday, October 3rd 2023
Time	Currency	Event	Impact	Actual	Consensus	Previous
12:00	USD	Fed Bostic Speech	Medium
14:00	USD	IBD/TIPP Economic OptimismOct	Medium		41.6	43.2
14:00	USD	JOLTs Job OpeningsAug	High		8.8M	8.827M

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	5.5% Aug 23		5.5% Sep 23
Inflation Rate	6% Jun 23		3.7% Aug 23
Credit Ratings	Moody's	S&P	Moody's	S&P
Credit Ratings	AaaStable	AA+Stable	AaaStable	AA+Stable