The New Zealand Dollar is one of the better performing major currencies of the past month having only registered losses against the Franc and Yen, which one analyst says is odd given the current dour global market backdrop.
June 30,2020
The British Pound maintains its multi-week process of depreciation against the New Zealand Dollar and studies of the market suggest further losses are likely in the foreseeable future.
June 29,2020
The New Zealand Dollar outperformed with gains over all major rivals Friday as Reserve Bank of New Zealand (RBNZ) policy threats proved unable to deter investors away from the Kiwi.
June 28,2020
The New Zealand Dollar was down for the count across the board Wednesday after the Reserve Bank of New Zealand (RBNZ) fired another warning shot across the bow of the currency market, wobbling the Kiwi while and the tentative correction higher in the Pound-to-New Zealand Dollar rate.
June 24,2020
The Pound-to-New Zealand Dollar exchange rate hit a new 2020 low Tuesday but could see further losses if the Reserve Bank of New Zealand (RBNZ) allows rampant strength in the Kiwi to go unchecked in Wednesday's policy update.
June 23,2020
The Pound-to-New Zealand Dollar exchange rate has been pushed back down to 1.9237 at the start of the week, putting it just shy of the ten-month low reached on Friday at 1.9198.
June 22,2020
The Pound-to-New Zealan Dollar rate remained near 2020 lows ahead of the weekend after the Reserve Bank of New Zealand (RBNZ) said it intends to slow the pace of its government bond buying, but Sterling remains at risk of even further losses in the coming weeks.
June 19,2020
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