NZD/USD: New Zealand Official Cash Rate

Note: This section contains information in English only.
Source: Dukascopy Bank SA

The New Zealand Dollar depreciated against the US Dollar, following the New Zealand Official Cash Rate data release on Wednesday at 02:00 GMT. The NZD/USD exchange currency rate lost 78 pips or 1.91% right after the release. The Kiwi continued trading at the 0.6580 level against the US Dollar.

The Reserve Bank of New Zealand released the New Zealand Official Cash Rate, which came out lower-than-expected of 1.50% compared with 1.75%.

According to the official release: "The Monetary Policy Committee decided a lower OCR is necessary to support the outlook for employment and inflation consistent with its policy remit. Global economic growth has slowed since mid-2018, easing demand for New Zealand's goods and services. This lower global growth has prompted foreign central banks to ease their monetary policy stances, supporting growth prospects."


Historical Data: New Zealand Official Cash Rate
Date26.09.1807.11.1813.02.1927.03.1908.05.19
Actual1.75%1.75%1.75%1.75%1.50%
Forecast1.75%1.75%1.75%1.75%1.75%
Initial Reaction on Main Pairs
PairOpenCloseChange
EUR/NZD1.696871.711370.85%
GBP/NZD1.981351.997880.83%
NZD/JPY72.7120072.031-0.94%
NZD/USD0.660410.65433-0.92%
May 9, 2019 Open Positions
PairLongsShorts
EUR/NZD26.3%73.7%
GBP/NZD26.1%73.9%
NZD/JPY70.5%29.5%
NZD/USD75.8%24.2%
Economic Calendar for May 10, 2019
GMTCurrencyEventForecastPrevious
1:30AUDRBA Monetary Policy Statement--
8:30GBPGDP m/m0.0%0.2%
8:30GBPManufacturing Production m/m0.1%0.9%
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Actual Topics

Thu, 09 May 2019 12:46:53 GMT

USD/CAD: Canadian Trade Balance

The US Dollar traded sideways against the Canadian Dollar, following the Canadian Trade balance data release on Thursday at 12:30 GMT. The USD/CAD exchange currency rate gained 8 pips or 0.06% right after the release. The Greenback continued trading at the 1.3484 level against the US Dollar.

Tue, 07 May 2019 16:11:28 GMT

AUD/USD: Australian Cash Rate

The Australian Dollar appreciated against the US Dollar, following the Australian Cash Rate data release on Tuesday at 04:30 GMT. The AUD/USD exchange currency rate gained 64 pips or 0.91% right after the release. The Aussie continued trading at the 0.7040 level against the US Dollar.

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