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Pound to New Zealand Dollar Rate May Have Reached End of Recovery Road

  • Written by James Skinner

The Pound to New Zealand Dollar exchange rate has remained buoyant near to early October highs thus far in the new week but may already have reached the end of recovery road previously and could now be likely to consolidate recent gains given a pickup in market appetite for the Kiwi. 

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New Zealand Dollar Steadying Above Major Support On Charts 

  • Written by James Skinner

The New Zealand Dollar edged higher against most other major currencies in the final session of the week, partially reversing otherwise steep declines after appearing to draw a bid from the market following contact with a major level of technical support on the charts.

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