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The New Zealand Dollar lagged behind many other major currencies this week and its prospects are currently obscured by exceptionally high uncertainty over the outlook for the Reserve Bank of New Zealand (RBNZ) cash rate owing to recent inflation developments and natural disasters in the country.
February 17,2023
Recession looms for the New Zealand economy but the China-focussed and risk-sensitive New Zealand Dollar can still appreciate from current levels, according to economists at ANZ.
February 16,2023
The Pound to New Zealand Dollar exchange rate entered the new week on the back foot but would potentially have scope to approach one-month highs up ahead if official figures show UK wages closing the gap between pay growth and a falling annual inflation rate.
February 14,2023
Look for NZD strength into mid-year ahead of a broader decline says ASB.
February 10,2023
"In recent weeks we have noted we thought the NZD was a little richly priced and was due for some consolidation after a strong run" - BNZ.
February 9,2023
GBP/NZD moves back into favoured range, downside risks fade after U.S. jobs surprise.
February 7,2023
The Pound to New Zealand Dollar Rate has remained in a sideward drift around the 1.91 level so far this year but could get an opportunity to advance if Thursday's Bank of England (BoE) decision wrongfoots a market consensus that has turned more cautious about the outlook for Bank Rate this week.
February 1,2023
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