New Zealand Gross Domestic Product (YoY) below forecasts (3.3%) in 1Q: Actual (1.2%)

Jun 16, 2022

New Zealand Gross Domestic Product (QoQ) came in at -0.2% below forecasts (0.6%) in 1Q

NZD/USD pares Fed-inspired gains below 0.6300 on downbeat NZ Q1 GDP

NZD/USD fails to hold the post-Fed gains as it slumps nearly 20 pips after New Zealand’s Q1 Gross Domestic Product (GDP) release on early Thursday mor