New Zealand dollar slips as US CPI and Fed hike bets weigh: Nov 12, 2026
The New Zealand dollar has given back nearly half its election gain on US CPI, as traders consider a bigger Federal Reserve rate hike. Fed hawks regaining control has put pressure on the pair against the US dollar, even as it at one point strengthened despite decreasing RBNZ rate-hike odds. Attention was on the 0.5640-0.5645 confluence ahead of the US CPI release.
Updated
This day is still open. Its readings are published once it closes. The live reading is on the NZD/USD page.
Headlines (7)
First seen on November 12
- New Zealand Dollar faces pressure against US Dollar as traders consider bigger Fed rate hikeFXStreet
Carried over from earlier days
- New Zealand Dollar steadies as Iran talks fails to lift NZD/USDFXStreet
- NZD/USD Price Forecast: Eyes break above 0.5640-0.5645 confluence ahead of US CPIFXStreet
- Pound, Swiss franc, Aussie, Norwegian krone, Brazilian real fall at least 0.7%wallstreetcn.com
- New Zealand Dollar gives back nearly half its election gain on US CPIFXStreet
- New Zealand Dollar strengthens despite decreasing RBNZ rate hike oddsFXStreet
- New Zealand Dollar takes a hit as Fed hawks regain controlFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Thursday, November 12 | ||
| FOMC Member Hammack Speaks | USD | |
| Unemployment Claims | 194K | USD |
| FOMC Member Barr Speaks | USD | |
| Mortgage Delinquencies | USD | |
| Existing Home Sales | 3.89M | USD |
| FOMC Member Goolsbee Speaks | USD | |
| Crude Oil Inventories | -0.6M | USD |
| 30-y Bond Auction | USD | |