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
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
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
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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