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NZD (New Zealand Dollar)

The New Zealand Dollar is often called the 'Kiwi', as the $1 coin depicts the kiwi bird that New Zealand is often associated with. The New Zealand Dollar has consistenly been one of the top 10 most-traded currencies in the world, and interest rate differentials after the financial collapse have helped the currency to remain popular amongst Forex traders.

NZD News and Analysis

US Dollar Risks to the Downside on a Break of these Key Levels
The US Dollar continues to trade at pivotal support versus the British Pound, Japanese Yen, and other major FX counterparts. Where can it go on further breakdown?
US Dollar Likely to Rise After FOMC Policy Announcement
The US Dollar is likely to rise after the FOMC policy announcement, with outsized volatility to follow if Yellen and company deliver a surprise rate hike.
FOMC Decision Holds Reins on Dollar and SPX, Pound Mixed after GDP
Market activity this past session carried the distinct sense of the deep breath before a big exhale.
NZD/USD Technical Analysis: Three-Month Channel Broken
DailyFX Technical Focus: 7/28/2015 (NZDUSD)
NZDUSD pushed above downtrend resistance on an intraday basis (could be a trap). If a bottom is forming then NZDUSD probably needs to find support near .6620.
NZD/USD Tests Downtrend Resistance for 3rd Time Since May
NZDUSD Breakout or Fake-Out? Key Levels to Know Ahead of FOMC, US GDP
Kiwi is attempting a break above a multi-month formation with our near-term bias higher in the pair. Here are the updated targets & invalidation levels that matter.
GBP Gains from GDP Report, BoE Rate Hopes - USD to Follow on FOMC?
The two currencies whose central banks are closest to raising rates are in the midst of an important few days.
Pound May Rise as 2Q UK GDP Data Boosts BOE Rate Hike Bets
The British Pond may rise as a pickup in second-quarter UK GDP growth boosts Bank of England interest rate hike speculation.
NZD/USD Technical Analysis: Channel Top Under Pressure

New Zealand Dollar Trading Forecast

Symbol Forecast Outlook

Forex Economic Calendar

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Date Time Currency Event Importance Actual Forecast Previous Notes
There are no events scheduled.

The New Zealand Dollar came into existence in 1967 after the country shifted away from the New Zealand Pound. The New Zealand Dollar was initially pegged to the US Dollar at a rate of one New Zealand Dollar equaling $1.6200 US Dollars, although the peg was changed later in the year of introduction to $1.12 US Dollars for each New Zealand Dollar. This peg was managed and changed up until 1985 in which The New Zealand Dollar was set to free-float.


Monetary Policy for the economy and the New Zealand Dollar is controlled by The Reserve Bank of New Zealand. The bank embarked on intervention efforts in June of 2007 for the first time since the currency was allowed to free-float, largely in an effort to drive the value of NZD lower.


These efforts were largely seen as ineffective as The New Zealand Dollar moved to new post-float highs of .8103 shortly thereafter. However, after printing a new high in early 2008, the Financial Collapse sparked a massive move in the currency that eventually saw the New Zealand Dollar trading below .50 against the US Dollar.


After bottoming below .50 against the US Dollar in March of 2009, the currency embarked on a massive move, gaining more than 75% against the US Dollar over the next two-and-one-half years, creating more calls within government for additional easing.