NZD trades generally higher in Asian session after trade balance data.
Accord to Stats NZ Tatauranga Aotearoa, for February 2018 compared with February 2017:
- Goods exports rose NZD 446 million (11%) to NZD 4.5 billion.
- Goods imports rose NZD 187 million (4.6%) to NZD 4.2 billion, a new high for total imports in a February month. The previous high was NZD 4.1 billion, in February 2017.
- The monthly trade balance was a surplus of NZD 217 million (4.9% of exports).
NZD is trading higher together with commodity currencies in general, as seen in daily heatmap.