New Zealand's Economy Emerges From Recession in 1Q -- Update

New Zealand's farm-rich economy returned to growth in the first quarter, exiting the recession that has dogged it for much of last year, but further weakness can't be ruled out.

WSJ20:29 ET

NZD/USD Jumps to 0.6150 as New Zealand Exits Recession

The NZD/USD pair gains traction near 0.6145 during the early Asian session on Thursday.

FXStreet19:19 ET

Westpac New Zealand's Consumer Confidence Survey Declines to 82.2 From 93.2

Westpac New Zealand's quarterly Consumer Confidence Survey reported a decline in aggregate consumer sentiment for the second quarter, with Q2 2024's Consumer Confidence Survey dropping 11 points to 82.2 after the previous climb to 93.2. According to Westpac, surveyed consumers are reported ongoing pressure from high interest rates and large increases in living costs.

FXStreet17:10 ET

Dollar Index to Trade in Range – OCBC

USD traded modestly softer as US retail sales disappointed. Fed speakers are hesitant to define the date for the next rate cut, OCBC FX Strategist Christopher Wong notes.

FXStreetJun 19 11:51 ET

NZD/USD Price Analysis: New Zealand Dollar Weakens Ahead of Q1GDP

The NZD/USD pair slumps to near 0.6130 in Wednesday’s American session.

FXStreetJun 19 09:31 ET

Reserve Bank of New Zealand Chief Economist Reiterates Need for Restrictive Policy as Inflation Remains 'Sticky'

The Reserve Bank of New Zealand will keep its restrictive monetary policy to ensure that inflation returns to the target as growth in consumer prices remains "sticky," according to the central bank's

MT NewswiresJun 18 20:50 ET