There were no major economic data releases form New Zealand over the week with the currency trading in line with other commodity currencies. 

The fallout from China’s stock market route is now telling on whether the Reserve Bank of New Zealand will decide to take a more accommodative approach still to ensure the New Zealand economy can withstand a further Chinese growth slowdown.

The Kiwi dollar traded weaker against the US dollar and also verses sterling as the global dairy trade auction held this week disappointed again.