NZDUSD Fundamental Analysis – April 21st 2016

NZDUSD Fundamental Analysis – April 21st 2016

Written by: PaxForex analytics dept - Thursday, 21 April 2016 0 comments

Here are the key factors to keep in mind today for New Zealand Dollar trades:

  • New Zealand ANZ Job Advertisements: New Zealand ANZ Job Advertisements for March increased by 2.9% monthly. Forex traders can compare this to New Zealand ANZ Job Advertisements for February which increased by 1.2% monthly.
  • New Zealand ANZ Consumer Confidence: New Zealand ANZ Consumer Confidence for April increased by 1.7% monthly to 120.0. Forex traders can compare this to New Zealand ANZ Consumer Confidence for March which decreased by 1.4% monthly to 118.0.
  • New Zealand Credit Card Spending: New Zealand Credit Card Spending for March decreased by 1.1% monthly and increased by 4.8% annualized. Forex traders can compare this to New Zealand Credit Card Spending for February which decreased by 0.5% monthly and increased by 7.3% annualized.

Here are the key factors to keep in mind today for US Dollar trades:

  • US Chicago Fed National Activity Index: The US Chicago Fed National Activity Index for April is expected at -0.13. Forex traders can compare this to the US Chicago Fed National Activity Index for March which was reported at -0.29.
  • US Initial Jobless Claims and Continuing Claims: US Initial Jobless Claims for the week of April 16th are predicted at 265K. Forex traders can compare this to US Initial Jobless Claims for the week of 9th which were reported at 253K. US Continuing Jobless Claims for the week of April 9th are predicted at 2178K. Forex traders can compare this to US Initial Continuing Claims for the week of April 2nd which were reported at 2171K.
  • US Philadelphia Fed Index: The US Philadelphia Fed Index for April is expected at 8.0. Forex traders can compare this to the US Philadelphia Fed Index for March which was reported at 12.4.
  • US House Price Index: The US House Price Index for February is expected to increase by 0.4% monthly. Forex traders can compare this to the US House Price Index for January which increased by 0.5% monthly.

Open your PaxForex Trading Account now and add this currency pair to your forex portfolio.