NZD/USD declines as US Dollar rises on risk aversion, RBNZ policy
NZD/USD trades lower near 0.5870 on Friday, down 0.54% on the day at the time of writing, as the US Dollar strengthens amid geopolitical tensions and investor caution ahead of the upcoming US labor market report.
  • NZD/USD weakens on Friday as risk aversion supports the US Dollar.
  • The RBNZ maintains an accommodative stance, pushing back rate hike expectations.
  • Markets await the US February NFP report, which could drive volatility.

NZD/USD trades lower near 0.5870 on Friday, down 0.54% on the day at the time of writing, as the US Dollar strengthens amid geopolitical tensions and investor caution ahead of the upcoming US labor market report.

The New Zealand Dollar (NZD) remains under pressure following the latest policy decision from the Reserve Bank of New Zealand (RBNZ), which kept its Official Cash Rate (OCR) unchanged at 2.25% at its February meeting. Governor Anna Breman adopted a cautious tone, indicating that monetary policy is likely to remain accommodative to support the economic recovery. As a result, markets have pushed expectations for the first rate hike back to later in the year.

The Kiwi is also weighed down by rising energy costs. The closure of the Strait of Hormuz amid escalating tensions in the Middle East has pushed Oil prices above $80 per barrel. This development is particularly negative for New Zealand, which relies heavily on imported Oil, adding further downside pressure on the domestic currency.

Meanwhile, the US Dollar (USD) is benefiting from safe-haven demand in the current environment of geopolitical uncertainty. Investors are also positioning ahead of the US Nonfarm Payrolls (NFP) report. Economists expect the US economy to have added around 59K jobs in February, down from 130K in January, while the Unemployment Rate is projected to remain steady at 4.3%.

A stronger-than-expected reading could reinforce expectations that the Federal Reserve (Fed) will keep interest rates higher for longer, potentially providing additional support for the Greenback and keeping NZD/USD under pressure 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 Euro.

USD EUR GBP JPY CAD AUD NZD CHF
USD 0.37% 0.14% 0.21% -0.09% 0.11% 0.50% 0.09%
EUR -0.37% -0.22% -0.13% -0.46% -0.25% 0.13% -0.28%
GBP -0.14% 0.22% 0.06% -0.24% -0.03% 0.36% -0.06%
JPY -0.21% 0.13% -0.06% -0.30% -0.10% 0.27% -0.13%
CAD 0.09% 0.46% 0.24% 0.30% 0.20% 0.59% 0.18%
AUD -0.11% 0.25% 0.03% 0.10% -0.20% 0.38% 0.02%
NZD -0.50% -0.13% -0.36% -0.27% -0.59% -0.38% -0.40%
CHF -0.09% 0.28% 0.06% 0.13% -0.18% -0.02% 0.40%

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