May 2, 2024

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New Zealand raised interest rates for the first time in seven years, and will come through Reuters

New Zealand farmers protest against cattle gas tax. Current price of Euro and Dollar USDNZD GBPNZD EURNZD by FXMAG Spain

© Reuters. New Zealand farmers protest against cattle gas tax. The current price of Euro and Dollar is USDNZD GBPNZD EURNZD

To put it bluntly, New Zealand will only have its key indicators at 23:45 this afternoon, among the best data we have: export levels; import levels; Trade balance (annual and monthly). Although all these data generally do not have a big impact on the valuation of the New Zealand dollar, they serve as an idea to show us the economic panorama of New Zealand, because, like many powerful countries, tourism and import levels are highly regarded. Wealth in nations. Let me make it clear that this article does not contain any technical opinions, and we are writing about changes in currencies, maybe highlighting some dates or events that lead to drastic changes in their prices.

In the US we have a lot of forex indicators to share today, but the most important ones are (): On the other hand in the US, we have a lot of information to highlight today, but it would be too long and unnecessary. Focus only on: new claims for unemployment benefits and second home sales. Both markers are likely to give a boost to the dollar, which is already losing value in the market after reaching this month’s highest. At 9:20am on October 20, the USD is at 1,768 to the New Zealand Dollar, +0.26% variation so far on the day. Market sentiment was mixed. Updated USD/NZD one-day chart

What can we see in England today? ()Although there are no markers in the United Kingdom today, the pair, considered one of the most watched pairs by traders, has managed to take some volatile levels to date. POUND TO NEW ZEALAND DOLLAR price at 1,984 at 9:25 am on October 20, representing +0.31% variation percentage. The pair had been up since 2:10am, but there was a significant correction since 6:30am. The chart of GBP/NZD pair is updated in one day interval

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Eurozone leaders’ summit points in favor () The only significant note for the eurozone focuses on the EU leaders’ summit, where the points to consider to stop inflation are generally discussed; issues of war; etc. The price of the Euro to New Zealand Dollar pair is 1.728 at 9:30 AM on October 20, a total change of +0.32%. Although the pair is not listed as highly volatile, there was a definite link from early morning to weakness in the New Zealand dollar, making the euro slightly more attractive than the US dollar. The chart of the EUR/NZD pair is updated in one-day intervals