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

The New Zealand Dollar's weak run could come to an end if the Reserve Bank of New Zealand inspires markets to raise bets that further interest rate hikes over the coming months are likely, something that is probable says BNZ.

April 3,2023

NZD and RBNZ expectations

For the RBNZ's upcoming April meeting, the market is pricing in a 91% chance of a hike to 5.0%, but the New Zealand Dollar might not find itself any better supported

March 28,2023

The Pound to New Zealand Dollar exchange rate opened the new week with a rally to fresh five-month highs but would likely be susceptible to any mid-week rebound by the Australian Dollar and might also struggle if a tenative recovery in global markets continues through the coming days.

March 27,2023

The Pound to New Zealand Dollar exchange rate extended a six-week rally in the opening session of the week and could yet rise further in the days ahead but such an outcome would bring Sterling into contact with a Fibonacci resistance at 1.9751, which could frustrate the ascent. 

March 26,2023

The New Zealand Dollar was a clear underperformer in the penultimate session of the week after Statistics New Zealand announced a steep final quarter fall in economic output that heightens the probability of a recession in the near future, drawing a mix of responses from analysts and economists.

March 16,2023

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