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Analysts at New Zealand lender ASB say they see further New Zealand Dollar weakness in the coming week as they expect the Reserve Bank of New Zealand to cut interest rates again on Wednesday.
November 11,2019
Studies of the GBP/NZD charts show the pair is range-trading after hitting a key chart level but that the dominant trend remains bullish and so there is a bias towards more upside.
November 10,2019
The New Zealand Dollar was in recovery mode early in the Wednesday session as investors shrugged off a poor third-quarter jobs report but the nascent upturn could be scuppered next week if the Reserve Bank of New Zealand (RBNZ) responds to the report with an interest rate cut.
November 6,2019
An optimistic mood amongst global investors mean the UK currency is losing ground against the likes of the New Zealand Dollar and South African Rand.
November 4,2019
The Pound advanced against the New Zealand Dollar Monday after the UK's exit from the EU was delayed for a third time although strategists at TD Securities have made selling Sterling relative to the Kiwi their 'trade of the week' and are tipping the exchange rate for losses ahead.
October 29,2019
Studies of the charts show GBP/NZD has pulled back after peaking on October 16 and is now trading in a sideways range with a very marginal bullish bias.
October 28,2019
Studies of the GBP/NZD charts show the pair has reached a key level where it is encountering tough resistance, but a break to a new high would green-light further upside.
October 21,2019
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