The Pound-to-New Zealand Dollar exchange rate has reversed course from one-year highs thus far in the new month but was looking to stabilise ahead of Thursday’s Bank of England (BoE) monetary policy decision, a likely key determinant of whether GBP/NZD can avert a slide below 1.96.
August 4,2021
The New Zealand Dollar rose against the majority of global currencies and investors increased their bets for a Reserve Bank of New Zealand interest rate rise in the near future amidst further measures by authorities to constrain housing activity.
August 3,2021
The Pound-to-New Zealand Dollar exchange rate could be on the cusp of sustaining a move above the nearby two-for-one level and may be aided in this endeavour by risks to now-lofty expectations of the Reserve Bank of New Zealand.
July 29,2021
Seasonality could pull the Pound higher against the New Zealand Dollar in August 2021, a month in which the Kiwi traditionally tends to lose value against major peers, with analysts saying this performance is linked to global investor trends that typify this time of year.
July 27,2021
The Reserve Bank of New Zealand is unlikely to raise interest rates in 2021 according to a major investment bank, creating the potential for a readjustment lower in the New Zealand Dollar.
July 21,2021
The Pound-to-New Zealand Dollar rate remains supported above 1.96 amid an ongoing advance by the U.S. Dollar, which could lift Sterling back to 2.00 if it continues weighing heavier on the Kiwi, although market optimism about the outlook for Reserve Bank of New Zealand (RBNZ) interest rate policy may see GBP/NZD struggling to extend beyond there.
July 20,2021
The New Zealand Dollar succumbed to resurgent U.S. exchange rates in the penultimate session of the week, reversing its earlier gains and lifting GBP/NZD from its Wednesday lows, although the Kiwi currency has another ace card that could burden the greenback and Sterling next year.
July 15,2021
Page 73 of 190