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The Pound to New Zealand Dollar exchange rate was little changed near seven-day lows in the penultimate session of the week and appeared comfortable within its recent range spanning the gap between roughly 2.04 and 2.09 even as some global market correlations were turned on their heads.
July 7,2023
Analysis from Capital Economics shows the New Zealand Dollar is likely to struggle as the Reserve Bank of New Zealand will likely lead the next interest rate-cutting cycle, a development that is potentially not too far given fresh warnings from a domestic bank that the economy faces a double-dip recession.
July 5,2023
The New Zealand Dollar begins the new week with a notable gain against most G10 currencies, extending its upward momentum from Friday, supported by a firm Asian equity market session and positive investor sentiment.
July 3,2023
The Pound to New Zealand Dollar exchange rate has climbed to post-pandemic highs in recent trade but the scope for new highs would potentially slip from within its grip if the Reserve Bank of Australia (RBA) surprises on the hawkish side of expectations in its interest rate decision next week.
July 3,2023
"Narrowing interest rate differentials reduce a key NZD tailwind" - ASB.
June 27,2023
GBPNZD uptrend firmly entrenched, restest of 2023 highs likely near-term.
June 26,2023
Relief for New Zealand Dollar sellers might be in prospect in the second half of 2023 according to Westpac which has released forecasts showing a recovery against the British Pound.
June 20,2023
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