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NZD is the best-performing major currency of November, but this outperformance will likely fade over the coming days, offering GBP the chance to consolidate towards the middle of a long-held trading range.
November 7,2022
The New Zealand Dollar and other Asia-focussed currencies were boosted into the weekend on fresh reports that China was looking to loosen its strict zero-Covid policy stance.
November 4,2022
The Pound to New Zealand Dollar exchange rate recovery of early October has given way to a corrective setback that deepened in midweek trade due to a strong performance from the Kiwi and ahead of a Bank of England (BoE) policy decision that will either make or break the rebound for Sterling.
November 2,2022
The New Zealand Dollar was boosted at the start of the new month on strong demand for New Zealand Government bonds, following their inclusion in a major global index.
November 1,2022
The Pound to New Zealand Dollar exchange rate reached an eight-month high in early trading this week but its recovery from late September's multi-year lows has since been curtailed by a combination of weakness in Sterling and a pickup in market appetite for the Kiwi currency.
October 18,2022
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.
October 11,2022
NZD rose after RBNZ hiked 50bp to 3.5%, in line with market consensus expectations, but signalled it was considering an even larger hike.
October 5,2022
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