The New Zealand Dollar has lagged behind many other major currencies thus far in the year but updated forecasts from Commonwealth Bank of Australia suggest the Kiwi could underperform further in the short-term while warning of divergence between AUD/NZD and EUR/NZD from here.

April 14,2023

GBP/NZD rose above 2.0 in the opening half of the week and could be likely to remain buoyant above roughly 1.98 if the Kiwi remains an underperformer among major currencies in the days and weeks ahead.

April 13,2023

The New Zealand Dollar has unwound the gains following the Reserve Bank of New Zealand's surprise 50 basis point interest rate hike, with analysts saying the markets are concerned about the country's growth outlook.

April 6,2023

The New Zealand Dollar put some notable gains on the Pound, U.S. Dollar, Euro and other major currencies midweek after the Reserve Bank of New Zealand (RBNZ) raised interest rates by 50 basis points.

April 5,2023

The Pound to New Zealand Dollar exchange rate has rallied strongly over recent weeks but will risk being stopped in its tracks this week if BofA Global Research economists are on the money with their forecast for Wednesday's Reserve Bank of New Zealand (RBNZ) interest rate decision. 

April 4,2023

The New Zealand Dollar is set to take the limelight midweek when the RBNZ is expected to raise interest rates by a further 25 basis points as it continues its fight against elevated domestic inflation levels.

April 3,2023

The New Zealand Dollar climbed broadly ahead of the weekend in a corrective rebound that further crimp an earlier rally in GBP/NZD if the Reserve Bank of New Zealand (RBNZ) keeps its eye on the prize that is the Kiwi inflation target by reiterating its February outlook for the cash rate next week. 

March 31,2023

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