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New Zealand Current Account QoQ

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New Zealand Current Account QoQ

Frequency

Delivery Method

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Status

 
Latest Release
Sep 14, 2021
Actual
-1.40B
Forecast
-2.23B
Previous
-2.90B
The Current Account index measures the difference in value between exported and imported goods, services and interest payments during the reported month. The goods portion is the same as the monthly Trade Balance figure. Because foreigners must buy the domestic currency to pay for the nation's exports the data can have a sizable affect on the NZD.

A higher than expected reading should be taken as positive/bullish for the NZD, while a lower than expected reading should be taken as negative/bearish for the NZD.
Importance:
Country:
Currency: NZD
Source: Statistics New Zealand
New Zealand Current Account QoQ
 
Release Date Time Actual Forecast Previous
Sep 14, 2021 (Q2) 18:45 -1.40B -2.23B -2.90B
Jun 15, 2021 (Q1) 18:45 -2.90B -2.23B -2.70B
Mar 16, 2021 (Q4) 17:45 -2.70B -2.88B -3.52B
Dec 15, 2020 (Q3) 17:45 -3.52B -3.65B 1.83B
Sep 15, 2020 (Q2) 18:45 1.83B 0.60B 1.56B
Jun 16, 2020 (Q1) 18:45 1.56B 1.48B -2.66B

News

Forex - Dollar Broadly Lower With All Eyes On Fed
Forex - Dollar Broadly Lower With All Eyes On Fed By Investing.com - Sep 20, 2017

Investing.com - The dollar remained broadly lower on Wednesday, as investors awaited the Federal Reserve's highly-anticipated monetary policy statement due later in the day. Later Wednesday, the U.S....

Forex - Dollar Remains on the Downside with Fed in Focus
Forex - Dollar Remains on the Downside with Fed in Focus By Investing.com - Sep 20, 2017

Investing.com - The dollar remained broadly lower on Wednesday, as investors awaited the Federal Reserve's highly-anticipated monetary policy statement due later in the day. Sentiment on the...

Analysis

Kathy Lien
Has The Fed Doomed The Dollar?   By Kathy Lien - Jun 24, 2019 6

Last week marked a significant turning point for the US dollar. For the first time since Jerome Powell became chair of the Federal Reserve, the central bank is thinking about easing. The US dollar was...

Kathy Lien
SNB, Brexit And Trade Wars Hit FX By Kathy Lien - Sep 19, 2018 1

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Brexit and trade headlines took currencies on a rollercoaster ride on Wednesday. At the start of the NY session, GBP/USD...

Current Account (QoQ) Discussion

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