New Zealand Dollar extends rebound after RBNZ rate hike, US-Iran tensions cap gains
NZD/USD advances on Thursday and trades around 0.5730 at the time of writing, up 0.56% on the day.
  • The New Zealand Dollar extends its rebound after New Zealand's central bank delivered a rate hike.
  • China's June inflation data comes in slightly below expectations but fails to derail the Kiwi's advance.
  • Ongoing tensions between the United States and Iran support safe-haven demand and could underpin the US Dollar.

NZD/USD advances on Thursday and trades around 0.5730 at the time of writing, up 0.56% on the day. The New Zealand Dollar (NZD) continues to strengthen after the Reserve Bank of New Zealand (RBNZ) delivered a more hawkish-than-expected monetary policy decision, providing ongoing support to the currency.

As widely expected, the RBNZ raised its Official Cash Rate by 25 basis points to 2.5% at its July meeting. More importantly, the central bank indicated that further withdrawal of monetary stimulus may be needed to ensure inflation returns sustainably to target. According to the RBNZ's projections, inflation is expected to peak at 3.9% in the second quarter before gradually easing back toward the 2% midpoint of the target range by mid-2027. DBS noted that the unanimous vote in favor of the rate hike marks a notable shift from May's split decision and reflects the central bank's renewed commitment to tackling inflationary pressures.

However, the latest data from China is limiting the New Zealand Dollar's upside potential. China's National Bureau of Statistics (NBS) reported that the Consumer Price Index (CPI) rose 1% YoY in June, down from 1.2% previously and below the market consensus of 1.1%. On a monthly basis, inflation fell 0.3%, a larger decline than expected, highlighting softer price pressures in New Zealand's largest trading partner.

The US Dollar (USD), meanwhile, continues to receive support from the geopolitical backdrop. Tensions between the United States (US) and Iran intensified for a second consecutive day, with both sides issuing fresh threats of escalation. The deterioration in geopolitical conditions is boosting demand for safe-haven assets and could limit NZD/USD's upside in the near term.

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 Canadian Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.05% -0.02% -0.06% 0.07% -0.03% -0.59% -0.10%
EUR 0.05% 0.03% -0.04% 0.12% 0.04% -0.51% -0.04%
GBP 0.02% -0.03% -0.07% 0.08% 0.00% -0.55% -0.07%
JPY 0.06% 0.04% 0.07% 0.12% 0.07% -0.53% -0.03%
CAD -0.07% -0.12% -0.08% -0.12% -0.06% -0.63% -0.15%
AUD 0.03% -0.04% -0.01% -0.07% 0.06% -0.56% -0.08%
NZD 0.59% 0.51% 0.55% 0.53% 0.63% 0.56% 0.48%
CHF 0.10% 0.04% 0.07% 0.03% 0.15% 0.08% -0.48%

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).

100만 명이 넘는 사용자가 FXStreet를 통해 실시간 시장 데이터, 차트 도구, 전문가 인사이트, 포렉스 뉴스를 이용합니다. 포괄적인 경제 캘린더와 교육 웨비나는 트레이더가 정보를 유지하고 신중한 결정을 내리도록 돕습니다. FXStreet는 바르셀로나 본사와 전 세계 지역에 걸쳐 약 60명의 팀으로 구성되어 있습니다.
더 읽기

실시간 시세

이름 / 기호
차트
% 변동 / 가격
GBPUSD
1일 변동
+0%
0
EURUSD
1일 변동
+0%
0
USDJPY
1일 변동
+0%
0

FOREX에 대한 모든 것

탐색 더 많은 도구
트레이딩 아카데미
거래 전략, 시장 인사이트, 금융 기초를 다루는 다양한 교육 기사를 한 곳에서 탐색해보세요.
더 알아보기
코스
거래 여정의 모든 단계에서 성장을 지원하도록 설계된 체계적인 거래 코스를 탐색해보세요.
더 알아보기
웨비나
업계 전문가로부터 실시간 시장 인사이트와 거래 전략을 얻기 위해 라이브 및 온디맨드 웨비나에 참여하세요.
더 알아보기