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

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.