NZ Dollar outlook

The New Zealand Dollar's multi-week advance against the Pound, U.S. Dollar and Euro has stalled of late amidst a failure in the global equity market rally and concerns that the domestic economy will fail to find traction until New Zealand's government reopens the country's borders.

July 8,2020

NZD forecast

The Pound-to-New Zealand Dollar exchange rate remains caught in a multi-week downtrend and is quoted at 1.9078 at the start of the new week, a decline that comes amidst a rally in global equity and commodity markets.

July 6,2020

The New Zealand Dollar was outperforming all major rivals Thursday as risks assets rose on a wave of ambivalent exuberance that is increasingly seeing bad news fall by the way side as investors trade the path to a global economic recovery. 

July 2,2020

The Pound-to-New Zealand Dollar exchange rate was testing a cluster of major support levels on Wednesday and could break to new 2020 lows if they're overcome, although such an outcome might require a catalyst that further undermines appetite for either Sterling or the Kiwi.

July 2,2020

New Zealand Dollar

The New Zealand Dollar is one of the better performing major currencies of the past month having only registered losses against the Franc and Yen, which one analyst says is odd given the current dour global market backdrop.

June 30,2020

New Zealand Dollar

The British Pound maintains its multi-week process of depreciation against the New Zealand Dollar and studies of the market suggest further losses are likely in the foreseeable future.

June 29,2020

The New Zealand Dollar outperformed with gains over all major rivals Friday as Reserve Bank of New Zealand (RBNZ) policy threats proved unable to deter investors away from the Kiwi. 

June 28,2020

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