NZD/USD news for October 16, 2026
The New Zealand dollar has rebounded toward 0.5600 and to a two-week top after RBNZ's Conway said the October rate decision is completely open and the OCR is more likely to rise. The move came alongside a weaker US dollar on falling yields and after Fed's Warsh gave no hint on the October decision. Stronger domestic data, with the BNZ manufacturing PMI jumping to 56.5, also featured following an earlier drop to an 18-month low on hot US inflation.
Updated
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Headlines (9)
First seen on October 16
- NZ BNZ Manufacturing PMI Jumps to 56.5 as Production, Orders and Employment StrengthenActionForex
- New Zealand Dollar rises to near 0.5650 as Fed's Warsh gives no hint on October decisionFXStreet
Carried over from earlier days
- New Zealand Dollar gains as US Dollar weakens on falling yieldsFXStreet
- New Zealand Dollar plunges to 18-month low as hot US inflation fuels US Dollar rallyFXStreet
- RBNZ’s Conway says October rate decision completely open, OCR more likely to riseInvestingLive
- New Zealand Dollar jumps to two-week top vs weak USD as RBNZ's Conway hints rate hikesFXStreet
- NZD/USD Price Forecast: Drifts higher above 0.5600, but technical bias stays bearishFXStreet
- New Zealand Dollar rebounds toward 0.5600 as RBNZ signals further rate hikesFXStreet
- New Zealand card spending falls for second month as food prices hold flat in SeptemberInvestingLive
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Friday, October 16 | ||
| Fed Chairman Warsh Speaks | USD | |
| Import Prices m/m | 0.9% | USD |
| Industrial Production m/m | 0.4% | USD |
| Capacity Utilization Rate | 76.5% | USD |
| Federal Budget Balance | -34.7B | USD |
| TIC Long-Term Purchases | 75.2B | USD |
| Treasury Currency Report | USD | |
| Sunday, October 18 | ||
| BusinessNZ Services Index | NZD | |