NZ Trade Balance overview The New Zealand Trade Balance, due soon at 22:45 GMT, is expected to come in at a surplus of $100 million in NZD terms, a reading that would represent a contraction from the previous reading of $263 million. Going further, both Imports and Exports are expected to improve, with Exports forecast to lift from 5.05 billion to 5.25 billion, while Imports are expected to lift from 4.79 billion to 5.10 billion. How could it affect the NZD/USD? The Kiwi has been on the bearish side for this week, declining from Monday’s open at 0.6921 as traders dump the NZD in favor of safer assets; a positive reading for the Trade Balance could see confidence in the Kiwi surge, taking the NZD/USD back towards the 0.6900 handle as traders react to positive news by scooping back up the riskier NZD, while a continued slump in Imports and Exports could easily see the pair dropping back into last week’s low near the 0.6825 area. Key notes Trading New Zealand Dollar with New Zealand Trade Balance About the New Zealand Trade Balance The Trade Balance released by the Statistics New Zealand is a measure of balance amount between import and export. A positive value shows a trade surplus while a negative value shows a trade deficit. Any variation in the figures influences the domestic economy. If a steady demand in exchange for exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the NZD. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next NZ Trade Balance surges to $294 million in second-best month ever for exports FX Street 5 years NZ Trade Balance overview The New Zealand Trade Balance, due soon at 22:45 GMT, is expected to come in at a surplus of $100 million in NZD terms, a reading that would represent a contraction from the previous reading of $263 million. Going further, both Imports and Exports are expected to improve, with Exports forecast to lift from 5.05 billion to 5.25 billion, while Imports are expected to lift from 4.79 billion to 5.10 billion. How could it affect the NZD/USD? The Kiwi has been on the bearish side for this week, declining from Monday's open at 0.6921 as traders… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.