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.
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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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The outlook for the NZ dollar (NZD) is dominated by the interest rate decision due out of the Reserve Bank of New Zealand at 8PM GMT.
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The New Zealand dollar is under renewed pressure after data out of China continues to weigh on sentiment towards the NZD and other emerging market currencies.
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New Zealand dollar exchange rates are today seeing heightened volatility. The NZ Dollar (NZD) initially skyrocketed from its two week low at 0.8210 all the way up to 0.8339 against the US dollar (U…
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