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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
The New Zealand Dollar traded softer after local inflation figures revealed little reason for the RBNZ to pursue further aggressive interest rate hikes.
January 25,2023
The Pound to New Zealand Dollar exchange rate teetered on an important technical support level early in the new week as Sterling plumbed the bottom of the major currency bucket and the Kiwi outperformed with the help of a favourable domestic tailwind.
January 26,2023
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