The NZD/USD pair has jumped more than 1% in the last 24 hours, snapping its seven-day losing streak. New Zealand posted better-than-expected retail sales data.
NZD/USD Leaps as NZ Records Largest Falloff in Unemployment
The NZD/USD pair was positive after the release of New Zealand’s employment change in the second quarter. The US Nonfarm Employment Change data is due today.
The NZD/USD pulled back from its two-day losing streak after the RBNZ Monetary Policy Statement. The bank announced its plans to reduce its monetary stimulus.
NZD/USD Continues to Grind After Strong NZ Trade Data
The NZD/USD pair edged higher on Friday after strong New Zealand’s Trade Balance data. The pair will react to US PCE data to be released later in the day.
NZD/USD Rallies Ahead of RBNZ Interest Rate Decision
NZD/USD is trading higher at around 0.7200 after strong New Zealand retail sales numbers. Investors are now keen on the RBNZ interest rate decision scheduled for Wednesday.
