Bascand New Zealand Dollar

The Pound is sitting on a commanding 2.0% week-on-week advance on the New Zealand Dollar with a decent bump coming over recent hours courtesy of communications from the Reserve Bank of New Zealand.

February 22,2019

The New Zealand Dollar is on course for further gains during the quarters ahead, according to analysts at ASB Bank, who say the outlook for the Kiwi itself is solid but that the global economy poses a threat to the currency. 

February 20,2019

The New Zealand Dollar is the G10 universe's best performing currency for the month of February but the Antipodean unit's strength won't last, according to analysts at RBC Capital Markets, who have told their clients they should prepare for a sudden reversal over the coming months. 

February 19,2019

New Zealand Dollar outlook

The technical outlook for the Pound vs. the New Zealand Dollar is now bearish, ever since the break below the 1.87 level confirmed the start of a new short-term downtrend.

February 18,2019

The Kiwi Dollar surged against rivals Wednesday after the Reserve Bank of New Zealand (RBNZ) hinted it is not yet ready to entertain the idea of an interest rate cut, taking markets by surprise barely a week after the Reserve Bank of Australia (RBA) changed its own policy guidance. 

February 13,2019

The Kiwi Dollar will underperform rivals this week as the Reserve Bank of  New Zealand attempts to out-dove its Australian sister with new economic forecasts and fresh guidance on the interest rate outlook this Wednesday. 

February 11,2019

NZ Dollar week ahead

The strong surge after the pair found support suggests the possibility an uptrend is developing, although, a break above the 1.9426 highs would be required for confirmation and to suggest a continuation to the next upside target at 1.9600.

February 11,2019

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