NZD/USD bias flipped 4 times to neutral on October 1, 2026
The New Zealand dollar has been moving with shifting US interest rate expectations, gaining when bets on Fed rate hikes eased but facing pressure when higher US yields outweighed positive data from China and ahead of US payrolls data. Domestic attention has centered on persistent inflation and the RBNZ, along with softer consumer confidence amid higher oil prices and the September business confidence reading. An upcoming closely fought election and spillover after Australia's rate hike have also featured in recent price action.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 4 times during the day.
The day on the wire
00:0006:0012:0018:0024:00
The band shows the reading through the day; a mark shows where it changed. Each tick is a headline first seen that day.
The reading through the day
- 00:00Neutral
- 02:40Weak bullish
- 07:06Neutral
- 21:27Weak bearish
- 22:52Neutral
Headlines (11)
First seen on October 1
- Persistent Inflation and the RBNZActionForex
- New Zealand Dollar weakens toward 0.5600 as bitterly fought election loomsFXStreet
- NZ consumer confidence slips to 97.6 as oil spike weighs, inflation expectations easeInvestingLive
Carried over from earlier days
- AUD/NZD: Underperformance bias with RBA on hold – TD SecuritiesFXStreet
- The New Zealand Dollar breaks lower after Australia's rate hikeFXStreet
- ANZ NZ Business Confidence Softens as Oil Surge Hits Activity, Not InflationActionForex
- First Impressions: NZ Business cCnfidence, September 2026ActionForex
- NZD/USD Pressure Mounts as Payrolls Looms LargeInvesting.com
- New Zealand Dollar gains as US Dollar declines on easing Fed rate hike betsFXStreet
- investingLive Americas FX news wrap 30 Sept: Softer PCE fails to hold yields down; Dow ends September at June lowsInvestingLive
- The New Zealand Dollar edges lower as US yields outweigh China's beatsFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Thursday, October 1 | ||
| Challenger Job Cuts y/y | USD | |
| Unemployment Claims | 201K | USD |
| FOMC Member Collins Speaks | USD | |
| FOMC Member Schmid Speaks | USD | |
| FOMC Member Barkin Speaks | USD | |
| Final Manufacturing PMI | 56.9 | USD |
| Construction Spending m/m | 0.0% | USD |
| ISM Manufacturing Prices | 72.9 | USD |