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Week Ahead - Will we have action in Jackson? - MarketPulse

Week Ahead - Will we have action in Jackson? - MarketPulse
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NZD steady as Retail Sales rises - MarketPulse

NZD steady as Retail Sales rises
Posted 3 hours agoSharePrint
The New Zealand dollar is in positive territory on Monday. In the European session, NZD/USD is trading at 0.7175, up 0.19% on the day. The pair is coming off a rough week, falling 1.16%. This marked its worst weekly performance since March.
New Zealand Retail Sales rebound
After the double-digit readings we saw in Q2 and Q3 of 2020, Retail Sales has steadied and is showing less volatility. The fourth-quarter drop of 2.7%, was worse than expected, but the news was much better for Q1, with a solid gain of 2.5%. The consensus was -1.8%, and the surprising gain has lent a slight boost to the New Zealand dollar on Monday. The strong reading points to increased consumer spending, reflecting strength in domestic economic conditions. ....

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*New Zealand Retail Sales +2.5% On Quarter, +6.8% On Year In Q1

*New Zealand Retail Sales +2.5% On Quarter, +6.8% On Year In Q1
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NZD/USD remains pressured below 0.7200 ahead of NZ Retail Sales

NZD/USD keeps Friday’s sober mood, heavy around 0.7170 recently, amid the early Monday morning in Asia. The kiwi pair dropped the previous day as fear ....

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*New Zealand Retail Sales -2.7% On Quarter, +4.8% On Year In Q4

New Zealand Retail Sales -2.7% On Quarter, +4.8% On Year In Q4
New Zealand Retail Sales -2.7% On Quarter, +4.8% On Year In Q4
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