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NZDUSD at 0.56874, 13.2 pips of London range so far

NZD CPI q/q is scheduled at 21:45 UTC, impact 3 of 3

NZDUSD · London session · Published Oct 21, 2026, 8:35 AM

NZDUSD last traded at 0.56874, inside a London session that has run 13.2 pips between 0.56770 and 0.56902 since the 07:00 UTC open. The nearest level above is the previous session high at 0.56880, 0.6 pips away, then the prior day high at 0.56988, 11.4 pips above. Below sit the session open at 0.56780, 9.4 pips down, and the prior week high at 0.56752, 12.2 pips down.

The Asia session ran 16.1 pips between 0.56718 and 0.56880 and closed at 0.56780. The prior trading day covered 37.4 pips, and an ordinary day of the last 14 covers 43.1 pips. The latest day sits at the 40th percentile of the last 42 days we hold, which the volatility source calls an ordinary day for this market.

The next release is NZD CPI q/q at 21:45 UTC, graded 3 of 3, with CPI y/y at the same time. Over 7 past releases of this family NZDUSD moved 13.26 pips on average in the first 15 minutes and 11.89 in the first 60, in either direction. A USD 20-Year Bond Auction is scheduled at 17:00 UTC, and over 422 past releases of that family the pair moved 2.88 pips on average in the first 15 minutes.

Large speculators are net short 47001 contracts, a change of -17655 on the week, the 31st percentile of the last 52 weekly reports. Among the headlines graded for NZDUSD, FXStreet reported the New Zealand Dollar softening below 0.5700 on RBNZ rate hike odds with CPI inflation data in focus, at 02:38 UTC and impact 2 of 3.

Session brief

  1. NZDUSD, London sessionOpen 0.56780, high 0.56902, low 0.56770, close 0.56874: a range of 13.2 pips over 95 minutes, from our own one-minute candles.
  2. NZDUSD reference levelsPrevious day and previous week high and low, the session open and the round numbers either side, measured on our own candles.
  3. NZDUSD, Asia sessionOpen 0.56830, high 0.56880, low 0.56718, close 0.56780: a range of 16.1 pips over 595 minutes, from our own one-minute candles.
  4. NZDUSD, previous trading dayHigh 0.56988, low 0.56614, close 0.56850 on 2026-10-20, a range of 37.4 pips, from our own candles on the trading day that starts 17:00 New York.
  5. NZDUSD daily rangeAn ordinary day of the last 14 covers 43.1 pips. The latest day sits at the 40th percentile of the last 42 days we hold, which is an ordinary day for this market. Measured on our own candles.
  6. NZD CPI q/qScheduled 2026-10-21 21:45 UTC, impact 3 of 3. Forecast 0.8%. Previous 1.5%. From Forex Factory.
  7. NZDUSD reaction to cpi_nzdOver 7 past releases NZDUSD moved 13.26 pips on average in the first 15 minutes and 11.89 in the first 60, in either direction. Measured on our own one-minute candles.
  8. USD 20-Year Bond AuctionScheduled 2026-10-21 17:00 UTC, impact 2 of 3. Previous 5.420%. From MQL5 Economic Calendar.
  9. CFTC Commitments of Traders, 112741Large speculators are net short 47001 contracts, a change of -17655 on the week. That is the 31st percentile of the last 52 weekly reports.
  10. New Zealand Dollar softens below 0.5700 on RBNZ rate hike odds, CPI inflation data in focusFXStreet. Graded impact 2 of 3 for NZDUSD by our headline classifier.

Written once by FxMind's desk from our own market data, the same text every reader sees.

Context on the market, not a trade recommendation. The decision is the trader's.