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
The New Zealand Dollar came under pressure in overnight trade but steeper losses for its Australian counterpart and a stronger U.S. Dollar suggest the Kiwi currency might so far have taken the shock resignation of Prime Minister Jacinda Ardern in its stride.
January 19,2023
The Pound to New Zealand Dollar exchange rate has held within a narrow range thus far in the New Year and could be likely to test the boundaries on either side of this corridor over the coming days as Sterling and the Kiwi navigate a series domestic and international event risks.
January 17,2023
The New Zealand Dollar and economy are well placed to benefit from the reopening and normalisation of activity underway in China while selling the Euro for the Kiwi is potentially the best way to capitalise on this in the currency market, according to research from TS. Lombard.
January 12,2023
The Pound to New Zealand Dollar exchange rate entered the new week on the front foot and may have scope to edge higher in the days ahead although a cluster of moving averages located around the 1.93 level could eventually frustrate Sterling's recovery.
January 10,2023
The Pound to New Zealand Dollar exchange rate opened the New Year with strong gains but could struggle to advance much further in the days ahead and may be at risk of losses over the coming weeks as current inflation and interest rate differentials suggest 'fair value' is between 1.8382 and 1.8896.
January 3,2023
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