- The NZD/USD was appreciated since April figures mark a new minimum of three years for annual general inflation.
- The US president Donald Trump described the relationship with China as excellent.
- The New Zealand dollar can continue to benefit as the US and China agreed to significantly reduce tariffs.
The NZD/USD pair advanced per second consecutive session, around 0.5940 during Wednesday’s Asian negotiation hours. The torque was strengthened as the US dollar (USD) was pressed after inflation figures in the US weakest than expected. Market participants now expect the publication of the US Production Price Index (IPP) and the consumer’s feeling survey at Michigan University, both scheduled for later this week.
The US Consumer Price Index (CPI) showed an interannual 2.3% increase in April, slightly below the 2.4% increase recorded in March and market expectations. The underlying IPC, which excludes volatile food and energy prices, rose 2.8% annually, matching the previous month and consensus estimates. In monthly terms, both the general and underlying CPI increased 0.2% in April.
The US president Donald Trump told Fox News that he is working to expand access to Chinese markets and described the relations between the US and China as “excellent.” He also expressed his willingness to hold direct conversations with President Xi Jinping to seek a broader trade agreement.
The currencies linked to raw materials, such as the New Zealand dollar (NZD), can continue to benefit since the US and China, according to reports, reached a preliminary agreement to significantly reduce tariffs. According to the proposed agreement, US tariffs on Chinese goods would fall from 145% to 30%, while China would reduce tariffs on US imports from 125% to 10%, a movement widely seen as a step towards reducing commercial tensions.
New Zealand saw the arrivals of visitors fall by 8.4% year -on -year to 311,800 in March 2025, marking the second consecutive monthly fall. Meanwhile, electronic card expense remained flat at 6.46 billion NZD in April, in seasonally adjusted terms. The operators are exercising caution before the next food inflation in New Zealand for April, after a maximum of 14 months recorded in March.
New Zealander dollar today
The lower table shows the percentage of change of the New Zealand dollar (NZD) compared to the main coins today. New Zealand dollar was the strongest currency against pound sterling.
| USD | EUR | GBP | JPY | CAD | Aud | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.04% | -0.00% | -0.19% | -0.07% | -0.16% | -0.13% | -0.09% | |
| EUR | 0.04% | 0.04% | -0.18% | -0.03% | -0.12% | -0.11% | -0.05% | |
| GBP | 0.00% | -0.04% | -0.22% | -0.07% | -0.16% | -0.15% | -0.09% | |
| JPY | 0.19% | 0.18% | 0.22% | 0.12% | 0.04% | 0.05% | 0.09% | |
| CAD | 0.07% | 0.03% | 0.07% | -0.12% | -0.09% | -0.06% | -0.02% | |
| Aud | 0.16% | 0.12% | 0.16% | -0.04% | 0.09% | 0.03% | 0.07% | |
| NZD | 0.13% | 0.11% | 0.15% | -0.05% | 0.06% | -0.03% | 0.04% | |
| CHF | 0.09% | 0.05% | 0.09% | -0.09% | 0.02% | -0.07% | -0.04% |
The heat map shows the percentage changes of the main currencies. The base currency is selected from the left column, while the contribution currency is selected in the upper row. For example, if you choose the New Zealand dollar of the left column and move along the horizontal line to the US dollar, the percentage change shown in the box will represent the NZD (base)/USD (quotation).
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
