The New Zealand Dollar softened Tuesday even after the latest jobs figures showed the labour market in rude health during the second quarter, with markets overlooking the data in light of an immiment interest rate decision from the Reserve Bank of New Zealand (RBNZ).
August 6,2019
Studies of the Pound-New Zealand Dollar charts suggest there is still a very marginal bias for more downside subject to a break below the July lows.
August 5,2019
The New Zealand Dollar entered the new week on its back foot Monday as commodity currencies followed the Chinese Renmimbi lower, although analysts at HSBC and Commonwealth Bank of Australia (CBA) have warned there are more losses in store for the Kiwi unit in the months ahead.
August 5,2019
The New Zealand Dollar was riding high near to the top of the G10 league table Thursday but the Kiwi currency is now being tipped as a sell at Westpac and is also forecast to fall by Commonwealth Bank of Australia (CBA), both of whom are warning that the Antipodean unit will suffer losses next week.
August 1,2019
Despite recent gains, GBP/NZD remains within the confines of a broader downtrend and this is expected to extend over the next five days.
July 28,2019
The Pound is set to extent its nascent recovery against the Kiwi Dollar as the Reserve Bank of New Zealand (RBNZ) cuts its interest rate faster than the market expects later this year, according to analysts at Westpac, who've told corporate clients to buy the exchange rate.
July 25,2019
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