NZD/USD weakens after China PMI and RBNZ hold: Nov 3, 2026
The New Zealand dollar weakened following China’s RatingDog Manufacturing PMI data and lost a gain linked to Iran talks after the RBNZ held rates, with Rabobank noting the RBNZ surprise and growth headwinds. It outperformed the Australian dollar despite an RBA rate hike, while the US dollar lacked direction ahead of US midterms and payrolls.
Updated
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Headlines (6)
First seen on November 3
Carried over from earlier days
- New Zealand Dollar weakens following China’s RatingDog Manufacturing PMI dataFXStreet
- NZD/USD Price Forecast: Fresh downside likely below 0.5560FXStreet
- Dollar Lacks Direction as US Midterms, Payrolls and AI Risks Set Up a Critical WeekActionForex
- New Zealand Dollar: RBNZ surprise and growth headwinds – RabobankFXStreet
- New Zealand Dollar loses its Iran-talks gain after RBNZ holdFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Tuesday, November 3 | ||
| JOLTS Job Openings | 7.15M | USD |
| Factory Orders m/m | 1.2% | USD |
| RCM/TIPP Economic Optimism | 46.2 | USD |
| Omdia Total Vehicle Sales | 15.8M | USD |
| Congressional Elections | USD | |
| GDT Price Index | NZD | |
| API Weekly Statistical Bulletin | USD | |
| Unemployment Rate | 5.5% | NZD |