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The New Zealand Dollar is the best performing major currency of the past week, a performance linked to a decisive shift in investor expectations regarding interest rates at the Reserve Bank of New Zealand.
July 7,2021
The Pound-to-New Zealand Dollar rate was under pressure early in the new week as the Kiwi currency continued a run of outperformance that has recently seen it leaving all others in the dust, and which could yet see GBP/NZD testing the waters below 1.95 as it settles into a possible if-not likely 1.95-to-1.97 trading range for the short-term.
July 6,2021
Foreign exchange analysts at Barclays say they expect the New Zealand Dollar to make small advances in the second half of 2021, but a more notable acceleration is likely to be seen in 2022.
July 1,2021
The Pound-to-New Zealand Dollar rate had extended its recovery from nearby Fibonacci support around 1.96 ahead of the mid-week session but would be vulnerable to a decline below there if either the U.S. Dollar’s legs give out over the coming days, or if the market redevelops an appetite for the Kiwi.
June 29,2021
The New Zealand Dollar was out in front of all other major counterparts ahead of the weekend but notched up its strongest gain over a paling Pound, which was underperforming even the U.S. Dollar despite the latter itself doubling over in the final session of the week.
June 25,2021
The 'easy money' made available by the world's central banks has created a "global property bubble of epic proportions" according to new research.
June 25,2021
The New Zealand Dollar was the only major currency to successfully resist a further advance by the U.S. Dollar on Tuesday, demonstrating in the process why it’s tipped as a buy at HSBC, which sees the Kiwi being lifted up ahead by the Reserve Bank of New Zealand (RBNZ) policy outlook.
June 22,2021
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