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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The inaction of the RBNZ on interest rates continues to weigh on the New Zealand dollar complex as we head into February.
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