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The Pound to New Zealand Dollar exchange rate reached its lowest level since January 2021 in the mid-week session but would be at risk of falling further in at least the short-term if the Kiwi currency continues to reverse last year’s downtrend against the U.S. Dollar.
March 30,2022
Some analysts are also conscious that the risk of downward correction in NZD is also rising too.
March 25,2022
GBP/NZD risks slipping toward November 2021 lows, NZD/USD rally & dampened demand for GBP weighs.
March 23,2022
The New Zealand Dollar is forecast to maintain its dominant position in global FX, supported by the ongoing war in Ukraine and bets that China's economy will continue to expand to the benefit of New Zealand.
March 21,2022
GBP/NZD eroding major support at 1.9090, as NZD/USD looks for break above 0.6900.
March 18,2022
NZD was bid on news Chinese authorities are to expand support for the economy, however concerns over rising Covid cases in the country and an easing in tensions regarding Ukraine are two notable headwinds to navigate.
March 16,2022
GBP/NZD's sell-off may be over but upside limited, could struggle to extend rebound much past 1.93.
March 15,2022
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