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…
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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.
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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 re…
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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.
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50bp rate hike likely midweek, tone set by RBNZ key to NZD trade.
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Further New Zealand Dollar strength likely say economists at ANZ.
Read more … →The Pound to New Zealand Dollar rate received a bid from the market when falling back near to four-month lows early in the new week but would risk slipping back beneath the nearby 1.92 level if the…
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