Don’t waste your time – keep track of how NFP affects the US dollar!

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Follow us on Facebook

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

FBS Mobile Personal Area

FREE - In Google Play

View
GDP growth: a key for trading the NZD

GDP growth: a key for trading the NZD

Information is not investment advice

New Zealand will publish the level of GDP growth at 23:45 MT time on December 18. The indicator shows the change in the value of all goods and services produced by the economy. This release is important, as it reflects the economic activity of a country and is used as a measure of economic health. The GDP growth has been a sensitive topic for traders of the NZD, as the Reserve bank of New Zealand cut its long term forecasts recently. Despite that, analysts anticipate the release for the third quarter to show the decent figures due to the better manufacturing data.  The second quarter’s GDP growth rate came out better than the expectations (0.5% vs. the forecast of 0.4%). What will happen this time?

If the indicator is higher than the forecasts, the NZD will rise;

If the indicator is lower than the forecasts, the NZD will fall. 

Check the economic calendar

Screenshot_2.jpg

LOG IN

Similar

Popular

Choose your payment system

Learn more