{"id":103158,"date":"2020-08-12T11:17:55","date_gmt":"2020-08-12T10:17:55","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=103158"},"modified":"2020-08-12T16:03:49","modified_gmt":"2020-08-12T15:03:49","slug":"103859-nzd-usd-rise-depends-on-rbnz-policy-decision","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/103859-nzd-usd-rise-depends-on-rbnz-policy-decision\/","title":{"rendered":"NZD\/USD Rise Depends On RBNZ Policy Decision"},"content":{"rendered":"<ul>\n<li>Tech stocks led the fall in Wall Street.<\/li>\n<li>Lockdown favourites like digital-services less in demand as restriction eases.<\/li>\n<\/ul>\n<p>NZD\/USD readying for a pullback from a steep uptrend, can New Zealand central bank decision alter the sentiments?<\/p>\n<p>Nasdaq led the declines on a day of broad selling in the US equity markets with a 1.69 Percent decline; Dow Jones and S&amp;P 500 were also down by 0.38 and 0.80 Percent respectively.<\/p>\n<div class=\"su-button-center\"><a href=\"https:\/\/currencylive.com\/exchange-rate\/nzd-to-usd-exchange-rate-today\/\" class=\"su-button su-button-style-flat button-internalbutton\" style=\"color:#ffffff;background-color:#f92658;border-color:#c81f47;border-radius:5px\" target=\"_self\"><span style=\"color:#ffffff;padding:0px 22px;font-size:17px;line-height:34px;border-color:#fb688b;border-radius:5px;text-shadow:none\"> Check real time NZD to USD exchange rate<\/span><\/a><\/div>\n<p>Why are investors offloading technology stocks?<\/p>\n<p>The better performance by lockdown-sensitive stocks like Norwegian Cruise Line and Wynn Resorts shows that the market participants are now moving out of the shares which benefitted from the coronavirus restrictions. The digital services had earlier benefitted from the shelter-in-place and work-from-home policies, but with the gradual reopening, they are losing the edge.<\/p>\n<p>The haven-linked dollar rose amidst the decline in the equities. But, the risk-off market mood didn&#8217;t help Japanese Yen and Swiss Franc from posting losses.<\/p>\n<p>The Sterling Pound also took a hit while the petroleum-linked Norwegian Krone and Canadian Dollar fared better even though oil prices slid by more than a Percent.<\/p>\n<div class=\"su-box su-box-style-default\" id=\"\" style=\"border-color:#000061;border-radius:3px;max-width:none\"><div class=\"su-box-title\" style=\"background-color:#071894;color:#FFFFFF;border-top-left-radius:1px;border-top-right-radius:1px\">USD Index Today - last 90 days<\/div><div class=\"su-box-content su-u-clearfix su-u-trim\" style=\"border-bottom-left-radius:1px;border-bottom-right-radius:1px\">\n<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2020\/08\/f90a5269e196775da43f8cc929b9eac9.png\" alt=\"\" width=\"800\" height=\"348\" class=\"aligncenter size-full wp-image-103188\" srcset=\"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2020\/08\/f90a5269e196775da43f8cc929b9eac9.png 800w, https:\/\/currencylive.com\/news\/wp-content\/uploads\/2020\/08\/f90a5269e196775da43f8cc929b9eac9-300x131.png 300w, https:\/\/currencylive.com\/news\/wp-content\/uploads\/2020\/08\/f90a5269e196775da43f8cc929b9eac9-768x334.png 768w, https:\/\/currencylive.com\/news\/wp-content\/uploads\/2020\/08\/f90a5269e196775da43f8cc929b9eac9-696x303.png 696w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<div style=\"font-size: 75%; line-height: 1.5;\"><div class=\"su-expand su-expand-collapsed su-expand-link-style-default no-margin\" data-height=\"0\"><div class=\"su-expand-content su-u-trim\" style=\"color:#333333;max-height:0px;overflow:hidden\">Currency Index charts show the <strong>strength of a single currency<\/strong> based on a basket of foreign currencies. This is done using a weighted mean (an average) of the 5 largest routes from that source currency and their daily FX rates. You can explore <a style=\"color:#0088FF\" href=\"\/exchange-rate\/\">live exchange rates here<\/a>.<\/div><div class=\"su-expand-link su-expand-link-more\" style=\"text-align:center\"><a href=\"javascript:;\" style=\"color:#0088FF;border-color:#0088FF\"><span style=\"border-color:#0088FF\">What does this show? <\/span><\/a><\/div><div class=\"su-expand-link su-expand-link-less\" style=\"text-align:center\"><a href=\"javascript:;\" style=\"color:#0088FF;border-color:#0088FF\"><span style=\"border-color:#0088FF\">Show less<\/span><\/a><\/div><\/div><\/div>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Tech stocks led the fall in Wall Street. Lockdown favourites like digital-services less in demand as restriction eases. NZD\/USD readying for a pullback from a steep uptrend, can New Zealand central bank decision alter the sentiments? Nasdaq led the declines on a day of broad selling in the US equity markets with a 1.69 Percent [&hellip;]<\/p>\n","protected":false},"author":163946612,"featured_media":47163,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1659,1381],"tags":[3097],"class_list":{"0":"post-103158","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-nzd","8":"category-usd","9":"tag-nzd-usd"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NZD\/USD Rise Depends On RBNZ Policy Decision - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/103859-nzd-usd-rise-depends-on-rbnz-policy-decision\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Stelian Olar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103859-nzd-usd-rise-depends-on-rbnz-policy-decision\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103859-nzd-usd-rise-depends-on-rbnz-policy-decision\\\/\"},\"author\":{\"name\":\"Stelian Olar\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/c83637dd6dc82bcaadbc8b6c994d1186\"},\"headline\":\"NZD\\\/USD Rise Depends On RBNZ Policy Decision\",\"datePublished\":\"2020-08-12T10:17:55+00:00\",\"dateModified\":\"2020-08-12T15:03:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103859-nzd-usd-rise-depends-on-rbnz-policy-decision\\\/\"},\"wordCount\":277,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103859-nzd-usd-rise-depends-on-rbnz-policy-decision\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/gbp-nzd-forex.jpg\",\"keywords\":[\"nzd\\\/usd\"],\"articleSection\":[\"NZD\",\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103859-nzd-usd-rise-depends-on-rbnz-policy-decision\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103859-nzd-usd-rise-depends-on-rbnz-policy-decision\\\/\",\"name\":\"NZD\\\/USD Rise Depends On RBNZ Policy Decision - 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