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The New Zealand Dollar starts the new week on the front foot against all its major peers as it looks to extend a multi-day period of gains, however the extent of the gains are likely to remain limited according to a number of foreign exchange analyst we follow.
October 26,2020
The New Zealand Dollar struggled against some major currencies Friday but analyst commentary and forecasts suggest it could underperform many for almost the next year as the Kiwi economy is burdened by cumbersome border closures that are set to remain in place until the end of 2021.
October 26,2020
The Pound-to-New Zealand Dollar rate came within touching distance early September highs on Wednesday even as the Kiwi emerged as the second best performing major currency, with Sterling having outpaced rivals amid renewed speculation suggesting a Brexit trade deal could be near.
October 21,2020
The New Zealand Dollar was closing in on an important technical support level against the U.S. Dollar on Tuesday having sustained losses against all other major currencies as risk appetite faltered and after the Reserve Bank of New Zealand (RBNZ) helped squash domestic bond yields.
October 20,2020
The outlook for the New Zealand Dollar has improved on the result of the weekend's general election that saw the incumbent Labour Party secure an unexpected all-out majority, however analysts maintain a view that domestic interest rates policy and the U.S. election will remain key factors for the Kiwi over coming days and weeks.
October 19,2020
New Zealand’s Dollar edged higher from low levels against major currencies on Friday and could be priced for perfection ahead of a weekend election that’s seen returning Prime Minister Jacinda Ardern to Premier House, although some analysts have warned of downward risks for the coming days.
October 16,2020
Postal voting is already underway to determine New Zealand's 52nd parliament, with polling stations across the country set to open on Saturday, October 17.
October 13,2020
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