New Zealand Imports came in at $4.48B below forecasts ($4.55B) in December

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New Zealand Trade Balance (MoM) registered at $-53M above expectations ($-131M) in December

New Zealand Trade Balance (MoM) registered at $-53M above expectations ($-131M) in December
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NZD/USD: bears in control but stablising on exports

NZD/USD has started to stabilize after a hard post dovish RBNZ and FOMC sell-off. Markets have now confirmation that from the FOMC that they are indeed concerned for global headwinds, but maintained that rate rises will be gradual, which sent markets into a risk-off spin, with stocks down on the day and the antipodeans getting hit up with supply.
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