Sign Up Log in

    New Zealand dollar recovers slightly after hitting a six-month low against the weakening US dollar

    by VT Markets
    /
    Oct 15, 2025
    ### NZD/USD Resistance and Support Analysis In October, the New Zealand Dollar (NZD) had varying performances against major currencies. It did well against the Japanese Yen but saw a decline against the US Dollar, Euro, and others. The heat map shows how currencies changed against each other during the month. The USD rose by 1.09% against the Euro, while the NZD fell by 1.33% against the USD. Christian Borjon Valencia wrote this analysis for FXStreet. This information is for educational purposes and does not suggest any financial transactions. ### Trading Strategies for NZD/USD The New Zealand Dollar is still on a downward trend, currently around 0.5718 after failing to make a significant recovery. This indicates a bearish sentiment, with sellers dominating below the important resistance level of 0.5754. The outlook for the coming weeks seems to lean towards further declines. The Reserve Bank of New Zealand (RBNZ) has maintained its Official Cash Rate at a high 5.50% for 2024 and 2025 to tackle ongoing inflation. Recent reports show New Zealand’s GDP growth for the second quarter slowed to just 0.5% year-over-year, raising expectations of potential rate cuts in the future. This economic uncertainty, along with Fonterra’s forecast of a slightly lower milk payout, continues to put pressure on the Kiwi dollar. Meanwhile, Fed Chair Powell’s recent neutral stance indicates that the US rate-hiking cycle that peaked in 2023 has ended, but rate cuts are not expected soon. While US inflation has cooled significantly from its peak, the September 2025 CPI data stayed at a stubborn 2.9%, keeping the Fed cautious. This difference in policy, where the RBNZ may need to cut rates sooner than the Fed, is likely to benefit the US Dollar. Create your live VT Markets account and start trading now.

    here to set up a live account on VT Markets now

    In This Article

    see more

    Back To Top
    server
    Click Click Click Click Click
    Follow us on

    Hello there 👋

    How can I help you?

    Chat with our team instantly

    Live Chat

    Start a live conversation through...

    • Telegram
      hold On hold
    • Coming Soon...

    Hello there 👋

    How can I help you?

    telegram

    Scan the QR code with your smartphone to start a chat with us, or click here.

    Don’t have the Telegram App or Desktop installed? Use Web Telegram instead.

    QR code