NZD to CAD Exchange Rate

Upcoming Events for NZD and CAD

		Evenemang	Prev.	Cons.
1d Ingen	NZD	Annandag Påsk
3d Låg	NZD	1-års skuldebrevsauktion	3.15%
3d Låg	NZD	6-Månaders Bill Auktion	3.325%
3d Låg	NZD	3-Month Bill Auktion	3.454%
3d Låg	CAD	Ppi - (Årliga) (Mar)	4.9%	4.5%
3d Låg	CAD	Ppi (Månadsvis) (Mar)	0.4%	0.5%
3d Låg	CAD	Priser på råvaror (årliga) (Mar)	9.3%	6.5%
3d Låg	CAD	Priser på råvaror (månadsvis) (Mar)	0.3%	-0.5%
3d Med	NZD	Handelsbalans (Mar)	NZ$0.51B	NZ$0.03B
3d Låg	NZD	Import (Mar)	NZ$6.23B	NZ$6.2B

RBNZ and BOC Interest Rates

Land	Central Bank	Current Rate	Previous Rate	Next Meeting
New Zealand	Reserve Bank of New Zealand	3.5%	3.75%	39 dagar
Canada	Bank of Canada	2.75%	2.75%	46 dagar

New Zealand inflation accelerated for the first time in nearly three years in the first quarter but it remained well within the central bank target, official data showed on Thursday. Consumer price inflation rose to 2.5 percent in the first quarter from 2.2 percent in the preceding period, Sats NZ reported.

RTTNews | 1 dag sedan

Bank Of Canada Leaves Interest Rates Unchanged Amid Tariff Uncertainty

Following a series of interest rate cuts over the past several months, the Bank of Canada on Wednesday announced its widely expected decision to leave interest rates unchanged. The Bank of Canada said it decided to maintain its target for the overnight rate at 2.75 percent, with the Bank Rate at 3 percent and the deposit rate at 2.70 percent.

RTTNews | 2 dagar sedan

Reserve Bank Of New Zealand Cuts Rate By 25 Bps, Signals Further Easing

The Reserve Bank of New Zealand reduced its benchmark rate by a quarter-point, as expected on Wednesday, and hinted at further easing as recent increases in trade tariffs pose downside risks to economic outlook. The Monetary Policy Committee, led by acting governor Christian Hawkesby, decided to cut the Official Cash Rate by 25 basis points to 3.50 percent, which was the lowest since October 2022.

RTTNews | 9 dagar sedan

New Zealand February Trade Surplus NZ$510 Million

New Zealand posted a merchandise trade surplus of NZ$510 million in February, Statistics New Zealand said on Friday.

RTTNews | 29 dagar sedan

Analysis for NZDCAD

How You Can Trade the NZDCAD From the Monetary Policy Divergency

The recent inflation data from New Zealand and Canada has triggered notable movements in their respective currencies, the NZD and CAD. While both countries experienced a slowdown in inflation, the market response has been different.

ACY Securities | 182 dagar sedan

NZD/CAD BoC vs. RBNZ Divergence

The New Zealand dollar was the top performer among G10 currencies last night, and the latest policy meeting by the RBNZ is to thank for that. The NZD/USD exchange rate surged to an intra-day high of 0.6152, while the AUD/NZD rate fell to an intra-day low of 1.0861. The New Zealand dollar has appreciated 4.1% month-to-date versus the USD, making the Kiwi the best G10 currency this month.

ACY Securities | 329 dagar sedan

Weekly Recap August 07 - 11, 2023

Participants in the foreign exchange (forex) market focused their attention on Chinese economic data and U.S. inflation statistics during this week. These factors have a significant impact on monetary policy predictions and overall market sentiment.

ACY Securities | 613 dagar sedan