For the first time since July 2015 positive trade balance is expected in New Zealand. Current economic situation remains of New Zealand remains quite difficult and representatives of Reserve Bank of New Zealand announced yet another rate cut from 2.5% to 2.22%. But if actual results of trade balance of New Zealand are better than expected it will have a positive impact on NZD:
For the last several months Reserve Bank of New Zealand cut the rate from 3.5% to 2.25%. And this fact starts to show first result – GDP growth started to increase and of course, it has a positive impact on NZD as well:
NZDUSD chart:
There is no clear trend on NZDUSD at the moment, the rate is moving in a close price range. According to the indicator of technical analysis “Relative Strength Index” there is a flat rate movement, but it can change next week.
2 min
Indice
GLI ASSET CON PIÙ SCAMBIATI
- Opzioni Binarie
- Opzioni Digitali
- Forex
- Titoli azionari
- Indici
- Materie prime
- ETF
-
EUR/USD
1.06
Scambia-0.17% -
USD/JPY
150.02
Scambia-0.09% -
AUD/USD
0.64
Scambia-0.95% -
GBP/USD
1.27
Scambia-0.14% -
GBP/JPY
191.22
Scambia-0.2%
-
Shopify Inc.
118.41
Scambia+0.68% -
Tesla, Inc.
389.07
Scambia+4.46% -
Amazon.com, Inc.
227.03
Scambia+2.88% -
NVIDIA Corporation
142.41
Scambia-1.6% -
Bayerische Motoren Werke AG
77.1
Scambia+2%
-
Gold
2633.02
Scambia-0.02% -
Crude Oil WTI
66.96
Scambia-1.81% -
Crude Oil Brent
70.88
Scambia-1.55% -
Natural Gas
3.01
Scambia-0.02% -
Gold-Gram
84.65
Scambia-0.02%
-
US 100
21582.68
Scambia+0.85% -
GER 30
20376.3
Scambia+0.29% -
US 30
44621
Scambia-0.35% -
US 500
6087.47
Scambia+0.2% -
JP 225
39303.5
Scambia-0.24%
-
S&P 500 ETF
607.89
Scambia+0.06% -
Daily Junior Gold Miners Index
42.94
Scambia-3.77% -
UltraPro Short QQQ
29.6
Scambia-2.21% -
Bitwise Bitcoin ETF (BITB)
55.36
Scambia+2.04% -
Gold Miners ETF
36.84
Scambia-1.34%
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