The Reserve Bank of New Zealand is unlikely to raise interest rates in 2021 according to a major investment bank, creating the potential for a readjustment lower in the New Zealand Dollar.
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The Pound-to-New Zealand Dollar rate remains supported above 1.96 amid an ongoing advance by the U.S. Dollar, which could lift Sterling back to 2.00 if it continues weighing heavier on the Kiwi, al…
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The New Zealand Dollar succumbed to resurgent U.S. exchange rates in the penultimate session of the week, reversing its earlier gains and lifting GBP/NZD from its Wednesday lows, although the Kiwi …
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The New Zealand Dollar tore higher against the Pound, Euro, Dollar and the majority of the world's freely-traded currencies following an unexpected decision by the Reserve Bank of New Zealand.
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The New Zealand Dollar languished near to 2021 lows ahead of the mid-week session, keeping GBP/NZD near one-year highs although a recovery by the Kiwi could wound Sterling if on Wednesday morning t…
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The Pound's rebound against the New Zealand Dollar is likely to fade around current levels given the proximity of a layer of technical market resistance and the looming Reserve Bank of New Zealand …
Read more … →The Reserve Bank of New Zealand is tipped to raise interest rates in 2021 by global investment bank and financial services provider TD Securities.
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