NZD/USD FORECAST AND NEWS


NZD/USD rises above 0.5850 on narrower-than-expected trade deficit

The NZD/USD pair gathers strength to around 0.5880 during the Asian trading hours on Friday. The New Zealand Dollar edges higher against the US Dollar on a narrower-than-expected New Zealand trade deficit. Traders will closely watch the ongoing conflict in the Middle East, which could impact the currency pair. 

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Editors' picks

EUR/USD: War continues to steal the limelight, and not for good

EUR/USD: War continues to steal the limelight, and not for good Premium

The EUR/USD pair bounced back in the last few days, settling for the week around 1.1530. The Iran war and central banks’ monetary policy announcements took centre stage, yet none was enough to impress speculative interest.

Gold: Major central banks’ hawkish tone weighs heavily

Gold: Major central banks’ hawkish tone weighs heavily Premium

Gold (XAU/USD) extended its slide into a third consecutive week and lost more than 6%, its worst weekly performance since March 2020, as major central banks adopted a hawkish tone because of the upside risks to inflation posed by rising energy prices.

GBP/USD: Pound Sterling tests 200-day SMA on the road to recovery

GBP/USD: Pound Sterling tests 200-day SMA on the road to recovery Premium

The Pound Sterling (GBP) staged a late rebound from near three-month lows against the US Dollar (USD), testing the critical 1.3440 supply zone.

Bitcoin: The Fed kills the vibe

Bitcoin: The Fed kills the vibe

Bitcoin (BTC) clings to $70,000 at the time of writing on Friday, slipping nearly 3% so far this week and snapping two consecutive weeks of recovery.
US Dollar: The Dollar stumbles, but the macro story hasn’t changed

US Dollar: The Dollar stumbles, but the macro story hasn’t changed Premium

The US Dollar just reminded markets that trends are rarely linear.

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INFLUENTIAL INSTITUTIONS AND PEOPLE FOR THE NZD/USD

The Reserve Bank of New Zealand (RBNZ)

The Reserve Bank of New Zealand (RBNZ) is New Zealand's central bank. Its primary role is to “give people, communities and businesses the confidence to spend, borrow and save money” by maintaining a sound and efficient monetary and financial system. The RBNZ achieves this by managing inflation to keep prices stable, regulating banks and finance companies, producing New Zealand’s banknotes and coins and operating effective wholesale payment and settlement systems.

The Federal Reserve (Fed) is the central bank of the United States (US) and it has two main targets: to maintain the unemployment rate at its lowest possible levels and to keep inflation around 2%. The Federal Reserve System's structure is composed of the presidentially appointed Board of Governors and the partially appointed Federal Open Market Committee (FOMC). The FOMC organizes eight scheduled meetings in a year to review economic and financial conditions. It also determines the appropriate stance of monetary policy and assesses the risks to its long-run goals of price stability and sustainable economic growth.


RBNZ Governor Anna Breman

Anna Breman was appointed as Reserve Bank of New Zealand's Governor in December 2025 for a five-year term ending in November 2030. Breman had previously served as First Deputy Governor of the central bank of Sweden (Riksbank). She holds a PhD in Economics from the Stockholm School of Economics and has previously served as the group chief economist and global head of macro research at Swedbank. She has also worked at the Swedish Ministry of Finance and at the World Bank.

Fed Chairman Jerome Powell

Jerome Powell took office as chairman of the Board of Governors of the Federal Reserve System in February 2018, for a four-year term ending in February 2022. His term as a member of the Board of Governors will expire on January 31, 2028. Born in Washington D.C., he received a bachelor’s degree in politics from Princeton University in 1975 and earned a law degree from Georgetown University in 1979. Powell served as an assistant secretary and as undersecretary of the Treasury under President George H.W. Bush. He also worked as a lawyer and investment banker in New York City. From 1997 through 2005, Powell was a partner at The Carlyle Group.

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About NZD/USD

The pair indicates how many US Dollars (USD) are required to purchase one New Zealand Dollar (NZD). Often seen as a minor currency, its relevance stems from New Zealand’s strong commercial ties with its neighbor, Australia, and China. The New Zealand Dollar is commonly referred to as 'the Kiwi', named after the bird that symbolizes New Zealand.