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The NZ Trade Balance for October has just been released.

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The NZ Trade Balance for October has just been released.

Daily Market Update From XE:   The NZDUSD opens at 0.6785 (mid-rate) this morning.They came in worse than expected:

NZ Trade Balance: Trade Balance (Aug) $1.30bio deficit Consensus $850mio deficit - Imports (Aug) $6.15bio Consensus $5.74bio - Exports (Aug) $4.86bio Consensus $4.88bio Trade Balance Year to Oct $5.8bio deficit - consensus $5.1bio deficit. The NZD is marginally lower in immediate response. The RBNZ Financial Stability Report plus Governor Orr’s related press conference and testimony before the Parliament Select Committee take place Wednesday. There is speculation the RBNZ will loosen the current LVR property restrictions. Current indicative rates are: NZD-USD 0.6755 / 0.6780NZD-AUD 0.9370 / 0.9395NZD-EUR 0.5965 / 0.5990NZD-GBP 0.5275 / 0.5300NZD-JPY 76.75 / 77.00 Please call for further information or pricing.

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Freephone: 0800 394 439 Mobile: 021 565 241 Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

  • Source: A XE release
Published in FINANCIAL
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