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The gains by the NZD will be watched by a nervous Reserve Bank of New Zealand that would prefer their currency remains contained near current levels in order to shore up the economy's recovery, it could therefore be the RBNZ that proves to be the largest headwind to any significant bouts of appreciation.
April 30,2020
The New Zealand Dollar continued to shrug off new forecasts of negative interest rates at the Reserve Bank of New Zealand (RBNZ) on Wednesday although some projections suggest it's ony a matter of time before the Kiwi experiences another bout of weakness.
April 29,2020
The Reserve Bank of New Zealand is expected to cut interest rates into negative territory in 2020, an outcome that would severely dent the New Zealand Dollar's appreciation potential.
April 28,2020
The New Zealand Dollar is one of the better performing major currencies at the start of the new week, with gains linked to improved investor sentiment helping to push the Pound-to-New Zealand Dollar exchange rate lower and back towards April lows.
April 27,2020
The New Zealand Dollar is moving higher on Thursday, April 23 courtesy of a broad based improvement in investor sentiment, however this sentiment will be tested as a slew of economic data releases are due over the course of the coming 24 hours.
April 23,2020
The Pound-New Zealand Dollar rate edged higher on Tuesday but it's carrying a loss for the week-to-date and may already have seen its best levels for some time to come if the Reserve Bank of New Zealand (RBNZ) is right in its possible expectation for a bout of Kiwi Dollar strength ahead.
April 21,2020
A broad capitulation in investor risk sentiment over the course of the past 24 hours has seen the New Zealand Dollar return many of the gains it enjoyed at the start of the new week, confirming that for the Kiwi it is global sentiment that trumps domestic developments.
April 21,2020
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