0.598
Today
-0.01%
5 Days
+1.48%
1 Month
+3.58%
6 Months
+0.34%
Year to Date
+3.83%
1 Year
+1.96%
Opening Price
0.597Previous Closing Price
0.598The NZD/USD pair declines to around 0.5970 during the early Asian session on Monday. The New Zealand Dollar (NZD) weakens against the US Dollar (USD) following New Zealand's downbeat economic data.
Retail Sales,a measures of the volume of sales of goods by retailers in New Zealand, fell 0.1% QoQ in the second quarter (Q2) of 2026 after rising 1.0% in Q1 (revised from 0.9%), the latest data published by the Statistics New Zealand showed on Monday.
The New Zealand Dollar (NZD) extends its rally against the US Dollar (USD) on Friday, trading near 0.6000 and close to its highest level since end-May.
NZD/USD extends its advance on Friday and trades around 0.5980 at the time of writing, up 0.62% on the day. The pair reached its highest level since early June and is heading for a solid weekly performance, mainly supported by persistent weakness in the US Dollar (USD).
MUFG’s Derek Halpenny sees a tension between aggressive Reserve Bank of New Zealand (RBNZ) tightening expectations and increasingly stretched short positioning in the New Zealand Dollar (NZD).
• NZDUSD rose due to RBNZ hawkish policy expectations and US dollar weakness. • US Treasury yield easing and buyback operations reduced the greenback's carry advantage. • Technical indicators show a MACD buy signal and Williams %R overbought condition.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The upside prevails as long as 0.5948 is support, with 0.5989 and 0.5999 as targets
below 0.5948, expect 0.5931 and 0.5920.
The upside prevails as long as 0.5948 is support, with 0.5989 and 0.5999 as targets
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