The New Zealand Dollar has corrected lower in the New Year and was in consolidation mode on Wednesday, aiding a nascent turn higher in the Pound-to-New Zealand Dollar exchange rate in the process, although both moves could have further to run over the coming weeks. 

January 20,2021

Pound to New Zealand Dollar exchange rate

The Pound-to-New Zealand Dollar exchange rate (GBP/NZD) has become increasingly near-term bullish and could be on course to reach an initial target at 1.9189.

January 18,2021

The New Zealand Dollar underperformed midweek, continuing a recent trend that has already put a floor under GBP/NZD and which could be a microcosm of a broader 2021 trend as a combination of economic recovery and interest rate cuts put further pressure on “real yield” returns to investors in New Zealand. 

January 13,2021

Pound to New Zealand Dollar exchange rate

The British Pound looks on to record a third consecutive daily advance against the New Zealand Dollar, but the recovery is yet to convince as most technical indicators point to further declines ultimately resuming.

January 11,2021

New Zealand Dollar outlook

The Pound-to-New Zealand Dollar rate is attempting to rally from its recent floor, but the strong impetus behind the Kiwi looks set to ultimately win through in the near-term given a global backdrop of constructive investor sentiment.

January 8,2021

The New Zealand Dollar rose broadly on Tuesday as the antipodean country's latest house price figures were seen posing as a further deterant to additional Reserve Bank of New Zealand (RBNZ) interest rate cuts and as investors chased assets that offer exposure to China.

January 5,2021

The New Zealand Dollar was a laggard Thursday but remained the comeback currency of the final-quarter, if-not year overall, and is widely forecast to extend its recovery in 2021 even if an ever-watchful Reserve Bank of New Zealand (RBNZ) does again constrain the pace of its appreciation. 

December 31,2020

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