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The Pound to New Zealand Dollar exchange rate entered the new month near one-year highs following six weeks of unbroken gains but could now struggle for further traction as attention turns to Kiwi job figures due out on Tuesday and May's Bank of England (BoE) interest rate decision next week.
May 1,2023
The Pound to New Zealand Dollar exchange rate ebbed from one of its highest points for a number of years in the penultimate session of the week but remains at precarious levels amid an underperformance of antipodean currencies that is thought to have multiple drivers underlying it.
April 27,2023
Chasing New Zealand Dollar weakness remains a favoured strategy with analysts at some of the major investment banks amidst fears the New Zealand economy is set to struggle.
April 26,2023
The Pound to New Zealand Dollar rate fell from near six-month highs in ANZAC Day trade but could be in line for further losses in the days ahead if BofA Global Research is right about Sterling being overbought, and even more so once the May month gets underway.
April 25,2023
GBP/NZD increasingly comfortable at 2.0, "ugly" technical picture for NZD, says ANZ's Croy.
April 24,2023
The Pound to New Zealand Dollar exchange rate rose to its highest since October in the midweek session after Statistics New Zealand figures showed Kiwi inflation falling to its lowest level for more than a year but some analysts are wary of the outlook for Sterling.
April 20,2023
New Zealand is "in a tough spot" as rising interest rates expose vulnerabilities in household finances that could leave the New Zealand Dollar weaker, according to new research.
April 17,2023
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