New Zealand: ANZ Business Confidence improves to 1.5 vs. -3.7 prior

The latest data released by the National Bank of New Zealand on Thursday showed that ANZ Business Confidence for September improved to 1.5 from a 3.7 drop in the previous month. Furthermore, the ANZ Activity Outlook rose 10.9 in September from 11.2% in August.

Market reaction

The NZD/USD pair remains on the defensive following the data. At the press time, the pair is losing 0.03% on the day to trade at 0.5921.