There is potential for a short-term break higher in the Pound-to-New Zealand Dollar exchange rate, according to the latest technical analysis conducted by Autochartist.
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The Pound-to-New Zealand Dollar exchange rate is being tipped as a 'buy' target for foreign exchange speculators to target over the short-term, which we see as encapsulating the coming week.
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The New Zealand Dollar was on Thursday seen giving back some of the gains acquired on the mid-week surprise decision by the Reserve Bank of New Zealand to leave interest rates unchanged, however ne…
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The New Zealand Dollar outperformed its peers on global currency markets in mid-week trade after the Reserve Bank of New Zealand (RBNZ) surprised markets by opting to leave interest rates unchanged…
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The New Zealand Dollar weakened across the board on Tuesday as markets moved to price in a fourth 2019 interest rate cut from the Reserve Bank of New Zealand (RBNZ) although the prospect of a…
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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.
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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.
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