The Pound-to-New Zealand Dollar rate rallied on Tuesday amid speculation that a Brexit trade deal is on the horizon but its upside potential has been curtailed by a strengthening Kiwi, the outlook for which has been bolstered by progress in development of a coronavirus vaccine.
November 17,2020
The New Zealand Dollar remained the week's best performing major currency on Thursday and has been tipped as a buy at Westpac after the Reserve Bank of New Zealand (RBNZ) signalled a pending shift in its interest rate guidance, potentially removing what has been a key headwind for the Kiwi of late.
November 12,2020
New Zealand's Dollar swept higher on Wednesday after the Reserve Bank of New Zealand (RBNZ) indicated that it may no longer cut its cash rate below zero next year, prompting a sharp repricing of market expectations for the cash rate while bolstering the outlook for the currency.
November 11,2020
The New Zealand Dollar remained an outperformer on Tuesday after breaking above an important technical resistance barrier on the charts, potentially setting it up for further gains in the weeks ahead, although this Wednesday's Reserve Bank of New Zealand (RBNZ) policy decision will test appetite for the Kiwi.
November 10,2020
The New Zealand Dollar rose Tuesday as investors chased risk assets in anticipation of a clean victory for the Democratic Party in Tuesday's presidential election, which is as pivotal for the outlook as the looming Kiwi jobs report and next week's Reserve Bank of New Zealand (RBNZ) policy decision.
November 3,2020
The New Zealand Dollar was lifted back into the black against most major rivals for the week Friday as the Reserve Bank of New Zealand (RBNZ) detailed plans to taper its bond purchases, economic activity rose and the coronavirus beat a fresh retreat in the antipodean country.
October 30,2020
The New Zealand Dollar faltered on Wednesday, as a tide of risk aversion swept across global markets, washing away support that had resulted from strong international demand for new Kiwi government bonds, although some analysts say the currency’s downside should be limited.
October 28,2020
Page 85 of 190