The New Zealand Dollar outperformed many rivals including Pound Sterling on Friday as investors responded to a cacophony of virus related developments at the tailend of a week in which Reserve Bank of New Zealand (RBNZ) 'jawboning' has again weighed on the Kiwi currency. 

April 18,2020

The New Zealand Dollar is the foreign exchange market's laggard on Thursday amidst fresh anxieties over the global economic outlook and comments from Reserve Bank of New Zealand Governor Adrian Orr that negative interest rates were a possibility.

April 16,2020

The New Zealand Dollar suffered a sharp decline in mid-week trade amidst a broad swing in global risk appetite into negative territory following two weeks of building optimism that the worst of the coronacrisis had now come to pass.

April 15,2020

The New Zealand Dollar extended a two-week recovery against the U.S. Dollar in the wake of the release of some better-than-expected trade data out of China, however the currency was unable to make gains against an improving British Pound which appears to be benefiting from improved investor appetite and news that Prime Minister Boris Johnson has been released from hospital.

April 14,2020

The New Zealand economy is currently enduring a substantial slump in economic activity owing to the coronavirus pandemic that will inevitably see unemployment shoot higher, but the country entered the recession on a relatively strong footing that should limit the damage to both the economy and the currency says ASB.

April 8,2020

The New Zealand Dollar is the best performing major currency at the start of the new week, with a broad uplift in global investor sentiment proving beneficial to the antipodean currency as typically tends to be the case.

April 6,2020