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Foreign currency forecasts from Canada's BMO Capital Markets suggest the New Zealand dollar (NZD) is currently priced to perfection on the exchange rate markets.
However, both the NZ and Australian dollars are predicted to decline in coming months.
July 23,2014
The Australian dollar (AUD) and New Zealand dollar (NZD) continue to advance against the British pound (GBP) through the mid-week trading session.
June 25,2014
Above: Pound to NZ dollar slumps as markets hear of further potential interest rate hikes in New Zealand.
The British pound, euro and US dollar are amongst those major currencies that have collapsed in value against the NZD over the past 24 hours.
June 13,2014
The NZ Dollar (NZD) exchange rate complex has, as forecast, come under intense scrutiny after the RBNZ announced another rate hike by 0.25 basis points.
However, it was warning of further interest rate rises that saw markets push the currency sharply higher. Nevertheless, in the final session of the week we are seeing some profit taking on the strong moves:
June 13,2014
The pound sterling exchange rate complex is suffering a bout of weakness at the start of a new week and the outlook does not currently favour the UK currency.
March 11,2014
The pound sterling (GBP) is trading higher against the New Zealand dollar (NZD) by over a quarter of a percent on Tuesday; this as a future NZ interest rate hike is fully absorbed into the markets.
March 10,2014
The NZ dollar has lost further ground against the British pound (GBP) on Monday thanks to weak risk sentiment in Asia.
March 10,2014
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