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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

Webinar: Greek Gaps in Focus- Technical Setups in Play this Week
Setup’s we’ll be tracking this week amid the ongoing drama unfolding in Greece. Here are the updated targets & invalidation levels that matter.
NZD/USD Technical Analysis: Edging Along Channel Floor
What to Expect From the Greek Referendum
Greece will go to the polls Sunday to decide whether to back its creditors’ proposed reforms. Regardless of a ‘Yes’ or ‘No’ vote, the path ahead is a...
NZD/USD Technical Analysis: Selloff Stalls at Channel Floor
Dollar Regains Control as Retail FX Traders Switch Direction
The US Dollar looks likely to continue higher. Here’s why we think so and key levels worth watching.
New Zealand Dollar Forecast Firmly in Favor of Depreciation
We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are long gives signal that the NZDUSD may continue lower. The trading crowd has...
NZD/USD Approaches Wedge Objective (.6607)
US Dollar May Rise on Jobs Data, NZ Dollar Drops on Dairy Slump
The US Dollar may rise as upbeat jobs data boosts bets on a sooner Fed interest rate hike. The NZ Dollar fell as slumping dairy prices fueled RBNZ rate cut speculation.
NZD/USD Technical Analysis: Channel Floor Under Pressure
NZD/USD Downside Targets Remain Favored on Bearish Formation
Even though the retail FX crowd remains net-long NZD/USD, the pair remains at risk for a further decline as the bearish formation continues to take shape.

New Zealand Dollar Trading Forecast

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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.