The business confidence index in New Zealand is intended to capture company sentiment towards the predicted future state of their business and economy as a whole. The survey has around 700 replies. The Net index is produced by subtracting the percentage of firms that anticipate that the economic situation will improve from the percentage of businesses that anticipate that the economic situation will deteriorate.

A higher than expected figure should be seen as positive (bullish) for the NZD while a lower than expected figure should be seen as negative (bearish) for the NZD.

Category:  Business Confidence
Units:  Points
Details
Impact: Medium
Country:
Currency: NZD
Latest Release
Previous: 57.5
Consensus: 50
Actual: 49.3
Next Release
Date: May 29, 01:00
Time left: 20h 24min
Consensus: 53

Forex Sentiment (NZD)

Symbol Community Trend (Shorts vs Longs) Symbol Popularity Avg. Short Price /
Distance From Price
Avg. Long Price /
Distance From Price
Current Price
AUDNZD
1.0789
-0 pips
1.0853
-64 pips
1.07892
Symbol Action Percentage Volume Positions
AUDNZD Short 33% 566.98 lots 2494
Long 67% 1174.70 lots 8598
12% of traders are currently trading AUDNZD.
EURNZD
1.8526
-445 pips
1.9121
-150 pips
1.89712
Symbol Action Percentage Volume Positions
EURNZD Short 58% 300.46 lots 2267
Long 42% 214.80 lots 1657
3% of traders are currently trading EURNZD.
NZDCAD
0.8138
-105 pips
0.8352
-109 pips
0.82426
Symbol Action Percentage Volume Positions
NZDCAD Short 84% 1487.89 lots 7085
Long 16% 274.73 lots 2575
9% of traders are currently trading NZDCAD.
NZDJPY
84.7446
-131 pips
88.3259
-227 pips
86.052
Symbol Action Percentage Volume Positions
NZDJPY Short 67% 163.43 lots 725
Long 33% 81.67 lots 844
1% of traders are currently trading NZDJPY.
NZDUSD
0.5840
-119 pips
0.6053
-94 pips
0.59593
Symbol Action Percentage Volume Positions
NZDUSD Short 42% 862.96 lots 3058
Long 58% 1212.43 lots 3512
6% of traders are currently trading NZDUSD.
GBPNZD
2.2114
-498 pips
2.1505
+1107 pips
2.26119
Symbol Action Percentage Volume Positions
GBPNZD Short 73% 258.44 lots 1065
Long 27% 96.44 lots 775
1% of traders are currently trading GBPNZD.
NZDCHF
0.4937
+1 pips
0.5106
-170 pips
0.49357
Symbol Action Percentage Volume Positions
NZDCHF Short 14% 97.10 lots 787
Long 86% 614.02 lots 5302
6% of traders are currently trading NZDCHF.