NZD/USD bias turned weak bullish on October 2, 2026
The New Zealand dollar has been under pressure as strength in the US dollar and higher US yields have outweighed supportive data from China, with US jobs data and US election uncertainty in focus. Domestically, attention remains on persistent inflation and the RBNZ, while NZ consumer confidence slipped to 97.6 as an oil spike weighed and inflation expectations eased.
Updated
The reading that day
Weak bullishAt the close of the UTC day.
BearishNeutralBullish
It changed once 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
- 16:17Weak bullish
Headlines (10)
First seen on October 2
Carried over from earlier days
- 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
- 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
- The New Zealand Dollar extends its slide as the US Dollar hits a yearly highFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Friday, October 2 | ||
| Average Hourly Earnings m/m | 0.3% | USD |
| Unemployment Rate | 4.1% | USD |
| Non-Farm Employment Change | 89K | USD |
| FOMC Member Logan Speaks | USD | |
| Factory Orders m/m | 0.1% | USD |
| FOMC Member Goolsbee Speaks | USD | |
| Monday, October 5 | ||
| ANZ Commodity Prices m/m | NZD | |
| Final Services PMI | 58.7 | USD |