The pound arrested its post-financial crisis declines against the New Zealand dollar in 2013 and forecasts suggest that the outlook favours a sustained recovery towards pre-crisis levels.
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A new tactical recommendation from Bank of America Merrill Lynch Global Research says the Australian dollar will rise against the New Zealand dollar.
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Sentiment is biased against the NZ dollar at the present time with most institutional investors forecasting weakness ahead.
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Strategists at Bank of America Merrill Lynch Global Research are forecasting the pound will be one of the top performers against the New Zealand dollar with an exchange rate of 2.44 being possible.…
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The NZ dollar is not likely to be subjected to an interest rate cut suggest BNZ - contrary to what many in the currency markets are now thinking. How does this impact on the NZD forecast profile?
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Our latest analysis concerning the outlook for the NZ dollar confirms yet further losses could lie ahead against the dollar, euro and pound sterling.
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The NZ dollar is being punished on global currency markets leading us to question whether the NZD’s time in the sun as an out-performer in global FX is over.
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