The New Zealand Dollar is seeing a spell of outperformance at the start of 2025, but analysts at Westpac think it's too soon to expect an outright turnaround.
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The New Zealand Dollar led the G10 currency pack on news that Donald Trump would apply a matched approach to tariffs.
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The Pound looks set to weaken against the New Zealand Dollar in the coming five days; however, the multi-year uptrend remains intact.
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GBP/NZD could be on course to test 2.20 as last week's snap-back opens the door to softer near-term trading conditions.
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The Pound can retreat from its recent highs against the New Zealand Dollar in the coming two weeks.
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GBP/NZD has rallied as sentiment suffers a setback, but the move is looking overheated in the short-term.
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GBP/NZD exchange rate is bullishly aligned and can print fresh 12-year highs if this UK's busy event calendar lands as expected.
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