OctaFX | OctaFX Forex Broker
Open trading account
Back

NZ Trade Balance (December) recovers from $-4.85B to $-4.31B, NZD/USD mostly unchanged

December month trade numbers from Statistics New Zealand fails to surprise the NZD/USD pair traders despite recovering from their downwardly revised priors.

The headlines Trade Balance (YoY) rose to $-4.31B from $-4.85B (revised from $-4.82B) whereas Imports and Exports followed the footsteps with $5B and $5.54B figures versus $6B (5.98B earlier) and $5.21B (5.21B) priors respectively.

FX implications

NZD/USD pair shows a little reaction to the data while taking rounds to 0.6525 amid the initial Thursday morning in Asia.

 

New Zealand Imports: $5B (December) vs previous $5.98B

New Zealand Imports: $5B (December) vs previous $5.98B
Read more Previous

US 10-year treasury yields refreshes 16-week low as risk-tone heavies

The US 10-year treasury yields decline to the fresh low of 1.587%, down 5.4 basis points (bps), by the end of their Wednesday’s session (early morning
Read more Next
Start livechat