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The Pound to New Zealand Dollar exchange rate has drawn bids in response to momentary slippage beneath the 1.93 handle thus far in the new week but could find itself stifled by a resilient Kiwi Dollar upon any advance toward the round number of 1.95 in the days ahead.
May 31,2022
The New Zealand Dollar rallied after the Reserve Bank of New Zealand raised interest rates by a further 50 basis points and looks set to do so again at the next two meetings, say analysts.
May 25,2022
The Pound to New Zealand Dollar rate has been volatile from the outset this week but could rally above 1.96, or even approach the two-for-one level if Wednesday’s Reserve Bank of New Zealand (RBNZ) interest rate decision or forecasts disappoint lofty financial market expectations.
May 24,2022
The key event for the New Zealand Dollar this week is the RBNZ policy decision which could trigger some volatility in midweek trade, although until then it is global risk sentiment that could remain the major driver.
May 23,2022
The Pound to New Zealand Dollar exchange rate reached its highest level since shortly after the Russian military first crossed into Ukraine early in the new week but may be in the process of topping out and could be at risk of a corrective setback in the days ahead.
May 17,2022
GBP/NZD trending higher as NZD's bout of weakness looks to extend amidst poor Chinese data and rising U.S. interest rates.
May 16,2022
ASB says the recent weakness in seen in the New Zealand Dollar has further to run.
May 13,2022
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