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…
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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.
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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.…
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The NZ dollar has lost further ground against the British pound (GBP) on Monday thanks to weak risk sentiment in Asia.
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The pound sterling (GBP) took a hit against the Aus and NZ dollars in morning trade when it was shown that the UK unemployment rate rose to 7.2%, analysts had expected a reading at 7.1%.
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The NZ dollar vs pound sterling exchange rate (GBP/NZD) is trading under pressure on Monday morning as traders look to book profits on strong NZ dollar rates.
Read more … →The New Zealand dollar (NZD) fails to advance against the pound sterling despite news that house prices continue their rampant ascent.
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