AUD/NZD, NZD/USD flows: Kiwi remains pressured into RBNZ

May 26, 2026 4:07 PM UTC

Kiwi remains pressured into RBNZ
Even with expectations of a hawkish outlook shift, mkt already has decent amount priced in
Cross continues to trade medium-term trajectory on charts and on 90s parallel
Loaded positioning remains its main n/t risk factor

USD flows: Waiver allows some respite

May 18, 2026 1:01 PM UTC

Some respite on suggestions of US temporary waiver on Iran oil sanctions, before any final agreement
Mkt lifted by some US compromise and apparent responsiveness to fresh energy pressure
Day to day development swing too wildly to get carried away

USD, AUD, NZD, JPY, GBP flows: Risk positive moves overnight, JPY weak, GBP a focus today

November 26, 2025 8:22 AM UTC

NZD and AUD gain on RBNZ, higher Australian CPI and risk positive market tone. JPY weakness on the crosses looks overdone. GBP in focus ahead of UK Budget

NZD/USD flows: RBNZ Signaling More Cuts

August 20, 2025 3:52 AM UTC

RBNZ Signaling More Cuts

NZD/USD flows: Q2 CPI Lower Than Expected

July 21, 2025 5:30 AM UTC

New Zealand Q2 CPI 0.5% q/q, 2.7% y/y

NZD, AUD flows: NZD firmer after RBNZ, AUD has potential to follow

May 28, 2025 6:56 AM UTC

NZD gains as RBNZ sounds less dovish than expected after cut. AUD has potential to follow.

NZD/USD flows: 50bps cut as expected

February 19, 2025 1:49 AM UTC

The RBNZ cut by 50bps as expected

NZD/USD flows: RBNZ Preferred Inflation Lower

January 22, 2025 5:00 AM UTC

New Zealand Q4 2024 CPI +0.5% q/q  and +2.2% y/y
RBNZ's own preferred inflation model 3.1% y/y

NZD/USD flows: Economic data remain soft

October 14, 2024 1:57 AM UTC

Credit card retail sales continue to contract
service PMI for September 45.7

NZD/USD flows: Strong business outlook

August 29, 2024 5:08 AM UTC

ANZ business outlook for August 50.6 versus 27.1 prior

NZD/USD flows: Stronger USD, Weaker Regional Sentiment

August 21, 2024 4:52 AM UTC

USD rebounds slightly after three red days in a row
Regional sentiment soft 

NZD/USD flows: Q2 PPI Higher

August 16, 2024 4:36 AM UTC

RBNZ's Assistant Governor Silk says the Bank is taking a measured approach to rate cuts
Q2 PPI Beats

NZD/USD flows: RBNZ Cuts and Significant revise OCR path lower

August 14, 2024 4:46 AM UTC

RBNZ cut its cash rate by 25bp to 5.25%

NZD/USD flows: Leading gains on a quiet Friday

August 9, 2024 2:31 AM UTC

Market sentiment broadly positive

NZD/USD flows: Strong Data Pushes Kiwi Higher

August 7, 2024 4:21 AM UTC

New Zealand Q2 unemployment rate 4.6% (vs. 4.7% expected)

NZD/USD flows: Leading the pack

July 30, 2024 5:15 AM UTC

Majors performing individually

NZD/USD flows: Drgged by stronger USD and softer sentiment

July 19, 2024 4:54 AM UTC

USD broadly stronger and risk sentiment soft

NZD/USD flows: Sell the lower CPI fact

July 17, 2024 3:32 AM UTC

New Zealand Q2 CPI 0.4% q/q (expected 0.5%), 3.3% y/y (expected 3.4%)

NZD/USD flows: Contracting Service PMI

July 15, 2024 4:50 AM UTC

New Zealand June services PMI 40.2 (prior 43.0)

NZD/USD flows: Kiwi sunk on RBNZ's forward guidance shift

July 10, 2024 4:29 AM UTC

RBNZ kept rates unchanged at 5.5% and suggest inflation approaching target range

NZD/USD flows: GDP Beats

June 20, 2024 4:47 AM UTC

New Zealand Q1 GDP +0.2% q/q (expected +0.1%)

NZD/USD flows: Jumped But Capped after RBNZ

May 22, 2024 5:23 AM UTC

RBNZ kept rates at 5.5% but suggest rates higher for longer

NZD/USD flows: NZ CPI Arrived at 4%

April 17, 2024 6:00 AM UTC

New Zealand Q1 CPI comes in at +4.0% y/y, 4.7% prior, +0.6% q/q, prior +0.5%.

NZD/USD flows: RBNZ signals no hike

March 28, 2024 5:12 AM UTC

New Zealand March consumer confidence plunges to 86.4 (prior 94.5)

USD, EUR, AUD, NZD flows: NZD decline leads USD rise

February 28, 2024 7:49 AM UTC

A lower NZD after the RBNZ left rates unchanged was followed by a generally firmer USD as equities softened

AUD, NZD/USD flows: Taking a breather

February 14, 2024 5:59 AM UTC

USD Retraced Partial Gains on Wednesday Asia 

NZD/USD flows: RBNZ Inflation Excpectations Revised Lower

February 13, 2024 5:42 AM UTC

RBNZ inflation expectations for 1yr at 3.22% from 3.6% and 2yr at 2.5% from 2.76%

NZD/USD flows: Quiet Monday as most Asia market observe Lunar New Year

February 12, 2024 4:16 AM UTC

It is a quiet Monday with markets observing Lunar New Year
RBNZ Gov Orr says inflation remains too high, that's why we've kept cash rate at 5.5%

NZD/USD flows: Boosted by ANZ Rate Forecast

February 9, 2024 4:46 AM UTC

ANZ are expecting the RBNZ to hike its cash rate in February and in April, to 6%

NZD/USD flows: Stronger Labor Data Supports the Kiwi

February 7, 2024 5:10 AM UTC

New Zealand Q4 unemployment rate 4.0% vs 4.2% expected
Labour cost index +3.9% y/y vs 3.8% expected

NZD/USD flows: Rebounded the most after falling the most

January 3, 2024 5:33 AM UTC

Kiwi rebounded after being sunk by the greenback

NZD/USD flows: Soft CPI Forecast Giving Kiwi a Beating

December 13, 2023 5:17 AM UTC

New Zealand Food Price Index (November) -0.2% m/m (prior -0.9%)
Westpac cuts its New Zealand Q4 CPI forecast to 0.3% from 0.6%
New Zealand government removes full employment goal for Reserve Bank of New Zealand