NZD to struggle says HSBC, as NZ economy faces 'hard landing'.
August 4,2022
The Pound to New Zealand Dollar rate entered the new week on the front foot but may be at risk of another flush below the 1.92 level and could struggle to get far off the ground amid a busy schedule of event risks in the days ahead.
July 26,2022
The Pound to New Zealand Dollar exchange rate has given up the 1.94 handle amid an upswing in demand for riskier currencies, which leaves Sterling vulnerable to the Kiwi’s high yield appeal and may mean that a period of suppression within a rough 1.9182 to 1.9385 is likely ahead for GBP/NZD.
July 19,2022
NZD lagged other major currencies at the start of the new week after a leap in New Zealand inflation rates surprised investors and raised bets for a faster raising of interest rates at the Reserve Bank of New Zealand.
July 18,2022
The New Zealand Dollar and other currencies rallied ahead of the weekend as financial markets responded to surprisingly strong U.S. economic figures and soothing remarks from Federal Reserve officials, all of which appeared to help push GBP/NZD close to six week lows.
July 16,2022
The New Zealand Dollar edged higher against many of its major peers including a buoyant Pound in the mid-week session but its gains may have had more to do with a retreat by the U.S. Dollar than the Reserve Bank of New Zealand’s (RBNZ) brisk pace of monetary tightening.
July 13,2022
The Pound to New Zealand Dollar rate saw a choppy start to the week but could be likely to find itself confined by a rough 1.9392 to 1.9547 range in the days ahead unless the Reserve Bank of New Zealand inspires the Kiwi to outperform in which case Sterling would potentially be at risk of revisiting 1.92.
July 12,2022
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