The New Zealand dollar fell on Thursday amid risk aversion and mixed macroeconomic reports.
The ANZ Business Confidence index dropped to -30.9 in February from -24.1 in January. The number of building consents gained 17% in January after rising 5.4% in December. The overseas trade index dropped 3.0% in the December quarter from the previous three months after falling 0.3% in the September quarter. Analysts had predicted a smaller drop by 1.0%.
NZD/USD dropped from 0.6845 to 0.6816 as of 23:11 GMT today. EUR/NZD jumped from 1.6598 to 1.6679.
If you have any questions, comments or opinions regarding the New Zealand Dollar,
feel free to post them using the commentary form below.
