New Zealand Dollar advances as US Dollar correction outweighs weak Chinese data
NZD/USD rebounds around 0.5860 on Monday at the time of writing, up 0.35% on the day, after earlier touching a low near 0.5822 following disappointing economic data from China.
  • NZD/USD advances on Monday despite weaker-than-expected Chinese economic data.
  • The US Dollar retreats as traders take profits after the recent rally driven by hawkish Fed expectations.
  • Geopolitical tensions in the Middle East continue to support demand for safe-haven assets.

NZD/USD rebounds around 0.5860 on Monday at the time of writing, up 0.35% on the day, after earlier touching a low near 0.5822 following disappointing economic data from China. The rebound in the pair comes as the US Dollar (USD) corrects after its recent rally, with the US Dollar Index (DXY) losing 0.14% around 99.15 at the time of press.

Data released on Monday by the National Bureau of Statistics (NBS) showed that China’s Retail Sales rose only 0.2% YoY in April, compared with 1.7% previously and well below market expectations of 2%. Meanwhile, Industrial Production increased 4.1% YoY, down from 5.7% previously and below the 5.9% consensus forecast.

These figures initially weighed on the New Zealand Dollar (NZD), which is often seen as sensitive to the Chinese economic outlook due to the close trade ties between the two economies. However, the pullback in the Greenback ultimately allowed NZD/USD to regain ground during the European session.

The corrective move in the US Dollar comes after several days of strong gains driven by rising US Treasury yields and expectations of tighter monetary policy from the Federal Reserve (Fed). According to ING, the recent rise in the US 10-year Treasury yield, now at its highest level since early 2025, is increasing pressure on the Fed to adopt a more hawkish tone.

Markets continue to closely monitor geopolitical tensions in the Middle East. Comments from United States (US) President Donald Trump regarding Iran, as well as ongoing negotiations through Pakistani mediation, are maintaining a cautious mood across financial markets. Reports that Iranian and Omani technical teams met last week in Oman to negotiate a mechanism for safe transit in the Strait of Hormuz, also help to support market sentiment.

New Zealand Dollar Price Today

The table below shows the percentage change of New Zealand Dollar (NZD) against listed major currencies today. New Zealand Dollar was the strongest against the Japanese Yen.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.13% -0.33% 0.05% -0.06% -0.15% -0.34% -0.21%
EUR 0.13% -0.21% 0.17% 0.06% -0.04% -0.22% -0.09%
GBP 0.33% 0.21% 0.38% 0.25% 0.18% 0.00% 0.12%
JPY -0.05% -0.17% -0.38% -0.15% -0.22% -0.44% -0.28%
CAD 0.06% -0.06% -0.25% 0.15% -0.08% -0.28% -0.14%
AUD 0.15% 0.04% -0.18% 0.22% 0.08% -0.18% -0.03%
NZD 0.34% 0.22% 0.00% 0.44% 0.28% 0.18% 0.14%
CHF 0.21% 0.09% -0.12% 0.28% 0.14% 0.03% -0.14%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the New Zealand Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent NZD (base)/USD (quote).

Plus d’un million d’utilisateurs se tournent vers FXStreet pour des données de marché en temps réel, des outils de graphiques, des analyses d’experts et des actualités Forex. Leur calendrier économique complet et leurs webinaires éducatifs aident les traders à rester informés et à prendre des décisions éclairées. FXStreet s’appuie sur une équipe d’environ 60 professionnels répartis entre le siège de Barcelone et diverses régions du monde.
Lire la suite

COTATIONS EN DIRECT

Nom / Symbole
Graphique
% Variation / Prix
GBPUSD
Variation 1 jour
+0%
0
EURUSD
Variation 1 jour
+0%
0
USDJPY
Variation 1 jour
+0%
0

TOUT SUR FOREX

Explorer Plus d'Outils
Académie de Trading
Parcourez une large gamme d'articles éducatifs couvrant les stratégies de trading, les perspectives de marché et les fondamentaux financiers, le tout en un seul endroit.
En Savoir Plus
Cours
Explorez des cours de trading structurés conçus pour soutenir votre croissance à chaque étape de votre parcours de trading.
En Savoir Plus
Webinaire
Rejoignez des webinaires en direct et à la demande pour obtenir des perspectives de marché en temps réel et des stratégies de trading d'experts de l'industrie.
En Savoir Plus