The New Zealand Dollar dropped against all its peers on March 23 after the government announced a series of measures to cool the housing market, meaning the pressure on the Reserve Bank of New Zealand (RBNZ) to raise rates has diminished.
March 23,2021
The New Zealand Dollar could underperform in the near-future we are told, as investors pare back expectations for an interest rate rise at the RBNZ at some point in coming months in the wake of last week's surprisingly poor economic data.
March 22,2021
The New Zealand Dollar neared the bottom of the major currency barrel on Wednesday and was risking a fall to its lowest level for 2021 as GBP/NZD rose ahead of the March Federal Reserve (Fed) policy decision and release of Kiwi GDP data, while some analysts warned of volatile trading ahead.
March 17,2021
The New Zealand Dollar could depreciate if the U.S. Federal Reserve fails to take a tough stance on rising bond yields we are told by analysts, a development that could allow the GBP/NZD exchange rate to hit new multi-week highs.
March 15,2021
The New Zealand Dollar found itself at the sharp end of a rallying U.S. Dollar on Friday when it sustained the steepest loss of all major currencies as rising U.S. government bond yields gave investors further food for thought ahead of the weekend.
March 15,2021
A strong start to the new week for Pound Sterling means the UK currency is on the cusp of breaking to new 2021 highs against the New Zealand Dollar.
March 8,2021
The Pound-to-New Zealand Dollar rate has remained near to three-month highs thus far in the new month but could struggle to extend further in the short-term, despite Sterling's newfound appeal to investors, because an ongoing strong performance from the Kiwi is seen as likely to curtail its rise.
March 5,2021
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