The Pound risks a downward correction against the New Zealand Dollar in the coming days as British government bond yields realign with their falling global counterparts and, according to strategists at Westpac, as the Reserve Bank of New Zealand (RBNZ) shifts into a "neutral" gear. 

January 31,2020

The New Zealand Dollar is trending lower against the Pound and other major global currencies, with analysts saying much of the recent weakness in NZD lies with the market's cautious sentiment stemming from the neo coronavirus outbreak in China and that this trend could continue in the short-term.

January 29,2020

The New Zealand Dollar got the better of all major rivals including Pound Sterling Friday after final quarter inflation figures surprised on the upside and prompted investors to further reduce bets that the Reserve Bank of New Zealand (RBNZ) will cut interest rates again this year.

January 25,2020

The Pound-to-New Zealand Dollar exchange rate continues to edge lower in a well-defined range that is likely to remain entrenched for some time to come, providing some stability and certainty to those watching this market for the purpose of international payments. However, inflation data out of New Zealand and flash PMIs out of the UK could well shake the market into life this week.

January 20,2020

The New Zealand Dollar outperformed all major rivals including Pound Sterling on Thursday and if recent developments at the two respective central banks are anything to go by, it could continue getting the better of its British counterpart for a while yet.

January 16,2020

New Zealand Dollar forecasts for have been lifted at MUFG for 2020 after Kiwi rose by a near-double digit percentage in the final quarter of last year, although analysts at some other firms have told clients the antipodean unit is at risk of a downward correction in the weeks ahead. 

January 7,2020