New Zealand Dollar ($NZD/USD) Forex Forecast: Down 0.5% Today

What is New Zealand Dollar?

The NZD/USD currency pair depicts the exchange rate between the New Zealand Dollar and the US Dollar, influenced by economic data, geopolitical events, and market sentiment.

Why is New Zealand Dollar going down?

NZD/USD forex is down 0.5% on Oct 29, 2025 18:41

• There was a bearish movement in the NZD/USD pair today.
• Bulls faced strong resistance at 0.5800, causing a reversal in the pair's upward trend.
• The Kiwi Dollar initially showed strength due to trade optimism and Fed rate cut expectations but failed to rally further amidst improved risk appetite and potential rate cuts by the Reserve Bank of New Zealand, contributing to the bearish movement.
• A slight increase in the US Dollar and uncertainties regarding the Federal Reserve's upcoming monetary policy meeting may have also impacted the decline in the NZD/USD pair.

NZD/USD Price Chart

NZD/USD Technical Analysis

NZD/USD News

NZD/USD Price Forecast: Resistance at 0.5805 is likely to hold bulls

The New Zealand Dollar’s recovery against the US Dollar stalled just below 0.5800 on Wednesday. The pair maintains a near-term positive trend intact so far, but the resistance area in the vicinity of 0.5800 is likely to pose a significant challenge for bulls.

https://www.fxstreet.com/news/nzd-usd-price-forecast-resistance-at-05805-is-likely-to-hold-bulls-202510290924

NZD/USD sits near three-week top; stays below 0.5800 amid modest USD uptick, ahead of Fed

The NZD/USD pair touches a nearly three-week high during the Asian session on Wednesday, though it lacks follow-through buying and remains below the 0.5800 round figure.

https://www.fxstreet.com/news/nzd-usd-sits-near-three-week-top-stays-below-05800-amid-modest-usd-uptick-ahead-of-fed-202510290428

NZD/USD Price Forecast: Rises ahead of Fed as USD softens

The Kiwi Dollar edges up 0.23% on Tuesday as the Greenback weakens ahead of the Federal Reserve’s monetary policy meeting on Wednesday, at which the central bank is expected to cut rates by 25 basis points. The NZD/USD trades at 0.5783 at the time of writing.

https://www.fxstreet.com/news/nzd-usd-price-forecast-rises-ahead-of-fed-as-usd-softens-202510282337

NZD/USD Price Forecast: Slips as the Kiwi remains muted on risk-on mood

The NZD/USD opens the week with losses of over 0.14% on Monday, trading at around 0.5771 after opening the session at around 0.5778 as risk appetite improved. Despite this, the Kiwi failed to rally on expectations that the Reserve Bank of New Zealand might cut rates at the November 26 meeting.

https://www.fxstreet.com/news/nzd-usd-price-forecast-slips-as-the-kiwi-remains-muted-on-risk-on-mood-202510272256

NZD/USD strengthens on trade optimism, Fed rate cut expectations

NZD/USD holds firm at the start of the week, trading around 0.5760 at the time of writing, up 0.25% on Monday. Improved sentiment between the United States (US) and China is supporting the Kiwi, often viewed as a barometer of Chinese growth.

https://www.fxstreet.com/news/nzd-usd-strengthens-on-trade-optimism-fed-rate-cut-expectations-202510271638

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New Zealand Dollar Price History

28.01.2024 - NZD/USD Forex was down 0.5%

• The NZD/USD experienced a strong bearish movement today despite Bitcoin reaching all-time highs against the New Zealand Dollar.
• The bearish movement in NZD/USD could be attributed to potential profit-taking or market sentiment shifting towards the US Dollar as a safe-haven currency.
• Despite Bitcoin's bullish performance against the New Zealand Dollar, traditional factors such as economic data or geopolitical events likely influenced the bearish movement in the NZD/USD pair.
• Traders might be closely monitoring economic indicators and central bank policies to gauge the future direction of the NZD/USD pair.

07.05.2024 - NZD/USD Forex was down 0.6%

• The NZD/USD pair experienced a bearish movement despite recent stability and gains against the US Dollar.
• The bearish trend could be a result of profit-taking by investors after the recent gains.
• Concerns over the US economic growth in Q1 might have led to a flight to safety towards the US Dollar, causing the New Zealand Dollar to weaken against its American counterpart.
• Traders are closely monitoring economic data and interest rate expectations to gauge the future direction of the NZD/USD pair.

08.09.2025 - NZD/USD Forex was down 1.1%

• The bearish movement of NZD/USD today is due to market participants withdrawing from the pair while awaiting the RBNZ decision on monetary policy.
• Despite a positive risk mood in the market earlier this week, the Kiwi's upward trend faced resistance at 0.5845, resulting in a pullback towards the 0.5800 level.
• The lack of bullish momentum alongside a USD uptick may have also played a role in the downward pressure on NZD/USD.
• Overall, uncertainty surrounding the upcoming RBNZ decision and the pair's struggle to maintain gains above important levels have led to today's bearish movement.

29.09.2025 - NZD/USD Forex was down 0.5%

• There was a bearish movement in the NZD/USD pair today.
• Bulls faced strong resistance at 0.5800, causing a reversal in the pair's upward trend.
• The Kiwi Dollar initially showed strength due to trade optimism and Fed rate cut expectations but failed to rally further amidst improved risk appetite and potential rate cuts by the Reserve Bank of New Zealand, contributing to the bearish movement.
• A slight increase in the US Dollar and uncertainties regarding the Federal Reserve's upcoming monetary policy meeting may have also impacted the decline in the NZD/USD pair.

05.07.2024 - NZD/USD Forex was down 1.6%

• NZD/USD dropped to a three-month low of 0.5892, influenced by speculations regarding interest rates and the strengthening of the US dollar.
• The New Zealand dollar came under pressure as the US dollar gained strength, partially due to the ongoing Federal Reserve meeting and expectations surrounding interest rate announcements.
• Investor sentiment favored the USD, leading to a shift away from the New Zealand dollar and a substantial decline in the NZD/USD pair.