The Pound-to-New-Zealand-Dollar rate was trading around 1.9533 at the start of the new week after closing the previous one 2.47% higher on Friday, although studies of the charts suggest the pair is set to continue rising after having established a new short-term uptrend.
September 16,2019
The New Zealand Dollar lagged behind most of its major rivals in a global riposte against the U.S. greenback Friday after an infuential business survey suggested output from the Kiwi manufacturing sector may have contracted in the third quarter, heaping more pressure on the Reserve Bank of New Zealand (RBNZ) to aid the economy.
September 13,2019
The New Zealand Dollar is poised outperform over the coming months, according to analysts at Bank of America Merrill Lynch, who say the Kiwi currency will benefit the most from the recent detente in the U.S.-China trade war and anticipated interest rate cuts from the Federal Reserve (Fed).
September 11,2019
The GBP/NZD exchange rate is seeing a solid start to the new week and is trading at around 1.9149, the gains will go some way in clawing back the 0.85% loss registered in the week prior and studies of the charts suggest the pair is trading in a sideways range with a marginal risk of a breakout higher.
September 9,2019
Studies of the GBP/NZD charts suggest the pair has probably reversed its medium-term downtrend and started a new uptrend which will probably continue rising.
September 2,2019
The New Zealand Dollar outlook darkened Thursday after the influential ANZ business confidence survey showed companies becoming the most pessimistic about their own future prospects since 2009, which multiple analysts have said is bad news for the Kiwi currency.
August 30,2019
The New Zealand Dollar was languishing close to the bottom of the developed world league table Wednesday but has been tipped by analysts at TD Securities to outperform over the coming weeks if and when investors rediscover their appetite for so-called risk assets.
August 29,2019
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