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The Pound-to-New Zealand Dollar exchange rate was testing its recent highs near to 1.95 on Tuesday, above which it would be vulnerable to a correction in light of Sterling’s recent strength and scope for an acceleration by the Kiwi over the coming weeks.
May 11,2021
The New Zealand Dollar was lower across the board on Thursday in sympathy with other commodity currencies while European counterparts prospered, lifting GBP/NZD in the process, although the Kiwi currency continues to be tipped as a buy at Westpac and Commonwealth Bank of Australia (CBA) among others.
May 6,2021
The Pound-to-New Zealand Dollar rate could test the upper bound of a likely short-term trading range ahead of the weekend if a pending policy decision from the Bank of England (BoE) casts the market as too pessimistic on UK interest rate prospects this Thursday.
May 5,2021
The Pound has come under pressure against the New Zealand Dollar this week, although Sterling could be likely to remain well supported around the nearby N$1.91 level in response to any further weakness.
April 29,2021
The Pound is captured in a short-term downtrend against the New Zealand Dollar, with the Pound-to-New Zealand Dollar exchange rate (GBP/NZD) now at risk of succumbing to a fifth successive week of declines.
April 26,2021
The New Zealand Dollar has advanced in value against all the major currencies over the course of the past week, extending an outperformance that has led Westpac, Credit Agricole CIB and others to tip the Kiwi as a buy in anticipation of a further rally ahead.
April 20,2021
The New Zealand Dollar lead the pack in mid-week foreign exchange trade, aided by supportive global equity markets and a central bank that will likely raise interest rates by next year.
April 14,2021
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