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The Pound to New Zealand Dollar rate climbed from near post-pandemic lows early in the new week but the outlook for it depends as much on whether the NZD/USD pair can hold above recent lows as it does the market’s reception of the new UK Prime Minister’s incoming economic policies.
September 6,2022
The Pound to New Zealand Dollar exchange rate remains close to its early August lows but has been finding support around 1.8950 in recent sessions and could be likely to stabilise above this level in the short-term without a sustained improvement in global market risk appetite to lift the Kiwi.
August 31,2022
RBNZ's Orr said he is confident the Bank is "on top" of inflation, the NZD went lower.
August 26,2022
The Pound to New Zealand Dollar exchange rate began to unwind a short-lived mid-month recovery this week but would be likely to unravel further in the days ahead if the Kiwi continues to outperform while Sterling remains a laggard among the major currencies.
August 25,2022
GBP/NZD will likely remain heavy over coming days although price action will likely remain choppy and the lows near 1.88 should be defended.
August 22,2022
The RBNZ raised interest rates again and signalled it would raise them to levels higher than they had previously been expecting, but the market's verdict of the August policy update and guidance resulted in a New Zealand Dollar sell-off.
August 17,2022
Analysts at investment banks Goldman Sachs and HSBC are looking for New Zealand Dollar weakness in the wake of the mid-week Reserve Bank of New Zealand (RBNZ) policy update.
August 16,2022
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