A Big Miss for NZ Trade Balance

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

No Change in Rates

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.

ABOUT THE AUTHOR See More
Rowan Crosby
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

Comments

0 0 votes
Article Rating
Subscribe
Notify of
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

HFM

Doo Prime

XM

Best Forex Brokers