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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
GBPNZD sees 2023 high close by, technical studies remain bullish, UK inflation and Bank of England pose two-way risk.
June 19,2023
Official data confirms the New Zealand economy entered recession at the turn of the year but the New Zealand Dollar remains well supported in the short term thanks to positive global investor sentiment.
June 15,2023
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