No Change in Rates

A Big Miss for NZ Trade Balance

Posted Tuesday, September 25, 2018 by
Rowan Crosby • 1 min read

It has been a poor start to the morning for the good old Kiwi as trade balance data was off the mark.

For August we saw -1484 vs -925 expected.

We also have business confidence out later today and of course the RBNZ later this week.

The NZD/USD is in the red now, however, the move lower is only small.

Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies

About the author

Rowan Crosby is our Asia-Pacific Analyst
Rowan Crosby is a professional futures trader from Sydney, Australia. Rowan has extensive experience trading commodities, bonds and equity futures in the Asian, European and US markets. Rowan holds a Bachelor of Finance and Economics degree and is focused heavily on Investment Finance and Quantitative Analysis.
Related Articles
eToro announces a significant cut in spreads on cryptoassets to increase awareness of the potential of crypto and blockchain more broadly
SPONSORED
Comments

Leave a Reply

avatar
  Subscribe  
Notify of