Published, Mon, Sept 15, 2021 10:30 pm EST
by Richard Cason,
@newsmmforex
@nnmforex
in
Currency Analyst
NewsMovesMarketsForex
Key Take away’s-
- NZD Strenghten’s againt the USD on a string of strong New Zealand GDP economic news reports
- ALL NZD GDP News releases on Tues, September 15, 2021 beats all expectations across the board
- NZDUSD PROPELS 25 Points to new high when data is release .7140 level in Early Asian Session
NZDUSD prints new highs on strong Gross Domestic Production data released out of Wellington New Zealand in the Early Asian trading session today. The NZD immediately after the news broke the wire rising 25 points to the upside to the .7140 level before descending to the .7115 consolidation position.
Bullish GDP NZD News Releases today
The economic data released reflected bullish GDP (QoQ) (Q2) of 2.05 beating the experts expectations by a full 1.5%. GDP (YoY) reported 17.4% over one full percentage point over expectations. GDP annual Average (Q2) came in @ 5.1% beating expectations by over a full percentage point. GDP Expenditure (QoQ) (Q2) 2.6% pulverizing expectations by 1.2%.
