Kiwi

When we write about the 'kiwi' we're not talking about the fruit or the bird. The "kiwi" is a nickname for the New Zealand dollar (NZD), the official currency of New Zealand. The name "kiwi" is used as the New Zealand dollar is often associated with the kiwi bird, which is a national symbol of New Zealand. The kiwi is considered as a commodity currency, as it's heavily influenced by the price of commodities, especially dairy and agriculture products which are the main exports of the country. Generally, the kiwi moves in step with the Australian dollar as the two economies are highly intertwined.
When we write about the 'kiwi' we're not talking about the fruit or the bird. The "kiwi" is a nickname for the New Zealand dollar (NZD), the official currency of New Zealand. The name "kiwi" is used as the New Zealand dollar is often associated with the kiwi bird, which is a national symbol of New Zealand. The kiwi is considered as a commodity currency, as it's heavily influenced by the price of commodities, especially dairy and agriculture products which are the main exports of the country. Generally, the kiwi moves in step with the Australian dollar as the two economies are highly intertwined.

When we write about the 'kiwi' we're not talking about the fruit or the bird.

The "kiwi" is a nickname for the New Zealand dollar (NZD), the official currency of New Zealand. The name "kiwi" is used as the New Zealand dollar is often associated with the kiwi bird, which is a national symbol of New Zealand. The kiwi is considered as a commodity currency, as it's heavily influenced by the price of commodities, especially dairy and agriculture products which are the main exports of the country. Generally, the kiwi moves in step with the Australian dollar as the two economies are highly intertwined.

Technical Analysis

New Zealand dollar probes to find a bottom but support is tough to find

NZDUSD daily chart

New Zealand dollar probes to find a bottom but support is tough to find

  • NZD/USD falls below the range
Adam Button
Adam Button
Thursday, 25/05/2023 | 18:03 GMT-0
25/05/2023 | 18:03 GMT-0
Central Banks

Poll shows most analysts expect a +25bp RBNZ rate hike on May 24

Poll shows most analysts expect a +25bp RBNZ rate hike on May 24

  • Reserve Bank of New Zealand cash rate expectations for the May 24 meeting
Eamonn Sheridan
Eamonn Sheridan
Thursday, 18/05/2023 | 20:07 GMT-0
18/05/2023 | 20:07 GMT-0
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