NZD/USD News (New Zealand Dollar US Dollar)


NZD/USD hammered down below 0.6800 handle, lowest since early June 2016


1. Latest News & Analysis

NZD/USD News

NZD/USD Analysis

2. Technical Overview

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NZD/USD BULLISH PERCENTAGE INDEX

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3. Fundamental Overview

Macroeconomic data



4. Big picture

INFLUENTIAL INSTITUTIONS & PEOPLE FOR THE NZD/USD

The Reserve Bank of New Zealand is New Zealand's central bank. Like most central banks, the Reserve Bank is primarily a policy organisation, and exists to do three main things: formulate and implement monetary policy to maintain price stability, promote the maintenance of a sound and efficient financial system and meet the currency needs of the public.

The official website, on Twitter and YouTube

The Federal Reserve System (Fed) is the central banking system of the United States and it has two main targets or reasons to be: one is to keep unemployment rate to their lowest possible levels and the other one, to keep inflation around 2%.

The Federal Reserve System's structure is composed of the presidentially appointed Board of Governors, partially presidentially appointed Federal Open Market Committee (FOMC). The FOMC organizes 8 meetings in a year and reviews economic and financial conditions. Also determines the appropriate stance of monetary policy and assesses the risks to its long-run goals of price stability and sustainable economic growth. FOMC Minutes are released by the Board of Governors of the Federal Reserve and are a clear guide to the future US interest rate policy.


Neil Quigley

Neil Quigley's term as Chair is effective from 23 September 2016. Professor Quigley is Vice-Chancellor of the University of Waikato, and has previously held roles as a Professor of Economics and senior manager at Victoria University of Wellington and the University of Western Ontario in Canada. He was first appointed to the Reserve Bank Board in 2010. 

Janet Yellen

Janet Louise Yellen (born August 13, 1946) took office as Chair of the Board of Governors of the Federal Reserve System (Fed) on February 3, 2014, for a four-year term ending February 3, 2018.  She had already previously served as a Vice Chair from 2010 to 2014. This American economist also serves as Chairman of the Federal Open Market Committee (FOMC), the System's principal monetary policymaking body.


RBNZ NEWS & ANALYSIS

FED NEWS & ANALYSIS


About NZD/USD

The pair indicates how many American dollars are needed to purchase a New Zealand dollar. Usually seen as a minor currency, its relevance is related to the strong commercial ties the country has with its neighbor, Australia. The NZDUSD pair is often called 'The Kiwi' as the bird is the national symbol of New Zealand.

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