New Zealand Dollar News Directory

The New Zealand Dollar gave a resilient account of itself Tuesday having risen against all but the safe-haven major currencies, although September’s Reserve Bank of New Zealand (RBNZ) policy decision now looms over the Kiwi , which is also at risk from weakness in stock markets and a souring backdrop on the charts. 

September 22,2020

The Pound is under widespread pressure at the start of the new week amidst a cocktail of stock market weakness, signs of fresh covid restrictions in the UK and ever-present Brexit anxieties, however the currency is holding ground against the New Zealand Dollar with GBP/NZD seen trading 0.40% higher at 1.9180 at the time of publication.

September 21,2020

The New Zealand Dollar outperformed Friday having gotten the better of all major counterparts, aided by Finance Minister Grant Robertson who suggested that a stronger-than-expected economic recovery might be likely to temper a dovish Reserve Bank of New Zealand, although analysts still expect the RBNZ will resort to a negative cash rate next year.  

September 18,2020

The New Zealand Dollar outperformed all major currencies other than a revived Pound Sterling Wednesday as an ongoing rally by the Chinese Yuan weighed on greenback while lifting other riskier prospects, although appetite for the Kiwi will be tested by second-quarter GDP data due out overnight.

September 16,2020

New Zealand's long wait for a vaccine could leave the NZ Dollar at a Disadvantage shows research from Deutsche Bank, while local lender ASB says the economy will have only likely fully recovered from the covid-19 crisis by 2023.

September 15,2020

The Pound-to-New Zealand Dollar exchange rate (GBP/NZD) is expected to remain heavy given the solid and entrenched downside momentum in place, however the pair is increasingly at risk of entering oversold conditions and it will take a titanic push to the pair below 1.90.

September 14,2020