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NZD/USD: Trading the New Zealand GDP

From forexcrunch.com

New Zealand Gross Domestic Product (GDP) is a key release, released each quarter, which measures production and growth of the economy. Analysts consider GDP one the most important indicators of economic activity. A reading which is better than the market forecast is bullish for the New Zealand dollar. Here are all the details, and 5 possible outcomes for NZD/USD. Published on Wednesday at 22:45 GMT. Indicator Background New Zealand GDP is a key economic indicator, and provides an excellent indication of the health and direction of the New Zealand economy. Traders should pay close attention to the GDP release, as any ... (full story)

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