Article Library

7/26
Ranking
GOOD MORNING ALL.
Hi all my friends this month I have decided to analyse the NEW Zealand Dollar as I saw it has witnessed a free fall against all its counter parts. I am trying to find out what are the possible reasons and and from here what are the prospects for its future growth.
In the fundamental factors let's have a look at GDP, INFLATION RATE TRADE BALANCE and UNEMPLOYMENT RATE which affects currency value.
GDP OF NEW ZEALAND:
In the first quarter of 2018 New Zealand GDP has shown a growth of 0.6% which is same as 0.6% of last quarter of 2017.
In the contributing factors breakdown is as follows.
  • Service industries shown a growth of 1.1 percent, driving economic growth.
  • Primary industries weakened, down to 2.4 percent.
  • Capital goods also shown rise thus lifting investment.
  • GDP per capita shown a rise of 0.1 percent.
  • Real purchasing power of New Zealand’s income rise up to 1.4 percent.

Pie Diagram representation of contributing factors.

Year-on-Year and Quarter-on-Quarter comparison of GDP numbers.

Breakdown of GDP components.
INFLATION IN NEW ZEALAND:
In first quarter of 2018 CPI in New Zealand fell to 1.1% from 1.6% of last quarter of 2017. In the components housing and other ho…
Read article
Translate to English Show original
Vlad73 avatar
Vlad73 30 May

very good

FE_GMTplus10 avatar

Good job.

Diana29 avatar
Diana29 31 May

Спасибо)) Статья супер)

Chilli avatar
Chilli 31 May

good article !

Yesa avatar
Yesa 31 May

Great job

orto leave comments
15/40
Ranking

THE NZD INDEX CHART.
The Chart above is the Current NZD Daily Chart.The price is 1.4578 at the close of daily chart Friday January 28,2014 at a very strong Resistance after a pullback to to re-test the new high that formed the Resistance. From the chart when NZD Index price hit and reacted from the daily Resistance line it formed a Bearish Pinbar. The Bearish Pinbar indicates that NZD index is weak as price was unable to breakout from the daily Resistance line.
The reason I choose to write on this topic is for traders to understated the trend direction of all NZD Base and Counter pairs and to take good advantage of it as the market opens this week Monday March 3, 2014.
THE IMPORTANT OF THE NZD CHART ABOVE
The NZD daily chart above is very important for any trader that want to trade the NZD Base pairs and NZD Counter Pairs.The Chart tells us that NZD index is very weak when the market open this week Monday March 3, 2014. since the price is unable to breakout from the daily Resistance. it means that all NZD Base pairs will move in a bearish dir…
Read article
Translate to English Show original
Skif avatar
Skif 7 Mar.

хорошо разобрал NZD !!!

Airmike avatar
Airmike 22 Mar.

nice article :) +1

orto leave comments