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The New Zealand Dollar was the worst-performing major currency at the start of the new week, going lower against all its G10 peers in sympathy with its Australian cousin which was in turn impacted by developments in the Chinese financial system.
October 12,2020
The Pound-to-New Zealand Dollar exchange rate hit its highest level since September 07 on Thursday after members of the Reserve Bank of New Zealand ratcheted up expectations for negative interest rates, while a broad-based rally in Sterling on Brexit developments lifted most GBP-exchange rates.
October 8,2020
The New Zealand Dollar starts a new week underpinned by a supportive global environment of rising stock markets and commodity prices, while domestic news that lockdown restrictions in Aukland have been lifted will provide a further fundamental underpinning.
October 5,2020
The New Zealand Dollar lost ground against the Euro and U.S. Dollar in September amidst an environment of falling investor confidence and rising expectations for the Reserve Bank of New Zealand to introduce negative interest rates.
October 2,2020
The Pound-to-New Zealand Dollar rate was volatile Thursday after a jittery market was spooked away from Sterling by a perceived deterioration of the odds for a Brexit trade deal that has obscured a reorientation of the talks and a shifting balance of risk that could now be to the upside.
October 1,2020
The British Pound starts the new week on the offensive against the New Zealand Dollar as the UK currency looks to build on the 2.0% gain registered in the week prior, with momentum indicators suggesting the recent recovery can run further.
September 28,2020
The New Zealand Dollar bucked the trend among commodity currencies Friday to outperform all major rivals except the U.S. Dollar, after the NZ Treasury said economic activity is returning to earlier levels after a second ‘lockdown’ that’s now forecast to eat into third-quarter growth to a lesser extent than was feared.
September 25,2020
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