Why kiwi Is Trending Today?
Explore key developments that caused kiwi to trend — updated as the story unfolds.
1 key events detected
August 21, 2025 at 8:49 AM
The Reserve Bank of New Zealand (RBNZ) meeting resulted in a dovish outlook, leading to a decline in the Kiwi (NZD) currency. The NZDUSD pair reached key technical levels following this development. In global markets, the UK's Consumer Price Index (CPI) surged to an 18-month high, while UK gilts rose despite the unexpected inflation increase. The RBNZ's dovish guidance, coupled with the UK's inflation data, contributed to a downturn in tech stocks, dragging major indices lower.