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 43 pips or 0.65% right after the release. The Kiwi continued trading at the 0.6660 level against the Greenback.

Reserve Bank of New Zealand released the New Zealand Official Cash Rate data, which came out in line with expectations of 1.50%. Note, that the RBNZ Rate Statement was released at the same time.

According to the official release: "Domestic growth has slowed over the past year. While construction activity strengthened in the March 2019 quarter, growth in the services sector continued to slow. Softer house prices and subdued business sentiment continue to dampen domestic spending. The global economic outlook has weakened, and downside risks related to trade activity have intensified. A number of central banks are easing their monetary policy settings to support demand."


Watch The Preview of the Event: Click Here
Historical Data: New Zealand Official Cash Rate
Date07.11.1813.02.1927.03.1908.05.1926.06.19
Actual1.75%1.75%1.75%1.50%1.50%
Forecast1.75%1.75%1.75%1.75%1.50%
Initial Reaction on Main Pairs
PairOpenCloseChange
EUR/NZD1.711571.714530.17%
GBP/NZD1.911291.914060.14%
NZD/JPY71.2950071.165-0.18%
NZD/USD0.663860.66254-0.20%
June 26, 2019 Open Positions
PairLongsShorts
EUR/NZD28.5%71.5%
GBP/NZD72.9%27.2%
NZD/JPY74.0%26.0%
NZD/USD55.0%45.0%
Economic Calendar for June 27, 2019
GMTCurrencyEventForecastPrevious
1:00NZDANZ Business Confidence--32.0
All DayEURGerman Prelim CPI m/m0.2%0.2%
12:30USDFinal GDP q/q3.1%3.1%
Back to articles

Actual Topics

Wed, 26 Jun 2019 15:06:39 GMT

EUR/USD: US Durable Goods Orders

The European Common Currency traded sideways against the US Dollar, following the US Durable Goods Orders data release on Wednesday at 12:30 GMT. The EUR/USD exchange currency rate lost 4 pips or 0.03% right after the release. The Euro continued trading at the 1.1362 level against the US Dollar.

Fri, 21 Jun 2019 12:53:14 GMT

USD/CAD: Canadian Retail Sales

The US Dollar appreciated against the Canadian Dollar, following the Canadian Retail Sales data release on Friday at 12:30 GMT. The USD/CAD exchange currency rate gained 11 pips or 0.08% right after the release. The Greenback continued trading at the 1.3196 level against the Canadian Dollar.

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.