GBPNZD rebound is put on ice, but too soon to predict an outright decline.
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The New Zealand Dollar has extended this week's gains amidst a sharp improvement in sentiment in Asian markets and a fresh push by Chinese authorities to reboot the country's economic growth.
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GBPNZD short-term outlook is constructive, but NZD could benefit on any global sentiment improvement.
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Poor investor sentiment linked to the Chinese economy is weighing on the New Zealand Dollar.
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The New Zealand Dollar was softer across the board after quarterly inflation figures came in below expectations and lowered the odds of a further rate rise at the Reserve Bank of New Zealand (RBNZ)…
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GBPNZD looks comfortably supported, upside can extend short-term.
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The Reserve Bank of New Zealand (RBNZ) won't have the luxury of cutting interest rates for some time yet with economists pointing out that record immigration levels will require added vigilance fro…
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