RSS New Zealand exports in November higher than in October (imports lower)

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 RSS New Zealand exports in November higher than in October (imports lower)

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New Zealand trade data for November 2024

Exports 6.48bn NZD

  • prior 5.61bn

Imports 6.92bn

  • prior 7.27bn

Trade Balance -437.0mn

  • prior -1658mn

Annual Trade Balance -8.25bn

  • prior -9.07bn

NZD/USD not a lot changed on the data release, nestled near US time lows.

For the technical analysts, if you check out the chart above (5 minute candles NZD/USD) on our free app and cram more data into the chart it looks like we've pulled back into a support area (on a resistance becoming support basis). Let me know how wrong I am in the comments ;-)

This article was written by Eamonn Sheridan at www.forexlive.com.
 
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