New Zealand can expect to earn billions less in foreign exchange as the price of agricultural commodities comes under pressure, a development that will underpin the New Zealand Dollar's ongoing bout of weakness say analysts.
August 10,2023
The Pound to New Zealand exchange rate entered the midweek session near its highest since the Brexit referendum but a deep undervaluation of the Kiwi and the latest Reserve Bank of New Zealand (RBNZ) inflation expectations survey are among reasons why GBP/NZD could be headed for a steady and potentially sharp correction up ahead.
August 9,2023
GBPNZD remains in a strong uptrend, short- and medium-term favour gains, empty calendar leaves central bank divergence in focus.
August 7,2023
The New Zealand Dollar was under pressure following the release of a labour market report that sent a clear signal to the Reserve Bank of New Zealand that it was right to quit its interest rate hiking cycle back in May.
August 2,2023
GBPNZD starts the new week on the defensive but there is a high likelihood that losses will be recouped over the coming days.
July 31,2023
The New Zealand Dollar was a winner amongst the major currencies after the Federal Reserve's latest policy decision and update opened the door to a fresh breeze of investor optimism.
July 27,2023
The Pound to New Zealand Dollar exchange rate has remained close to the middle of its July range in recent trade but while it could be likely to trade an even narrower 2.0634 to 2.0761 band in the days ahead, the balance of risks might be likely to shift from the upside to the downside of these levels as the week draws to a close.
July 26,2023
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