The New Zealand Dollar is approaching a turning point and will reverse recent gains say analysts who think the Reserve Bank of New Zealand (RBNZ) will cut interest rates aggressively.
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The New Zealand Dollar has been strengthening against the British Pound since the start of May and there is nothing to suggest its run of appreciation is about to end.
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The New Zealand Dollar is one of the better performers on the day, with markets welcoming some stronger-than-expected growth data.
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The Pound to New Zealand Dollar exchange rate remains under pressure and is forecast to test early June lows again.
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The New Zealand Dollar was an obvious winner after the U.S. printed a softer-than-expected inflation print that raised hopes for an accelerated global interest rate easing cycle, creating the poten…
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The Pound to New Zealand Dollar exchange rate has more work to do if the outlook is to flip to constructive; in this regard, Wednesday's U.S. inflation print could be the determining factor.
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The New Zealand Dollar is proving to be one of the top-performing major currencies in the short-term, but this outperformance masks fears of a "winter of discontent" for New Zealand's economy.
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