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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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 …
Read more … →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.
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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 th…
Read more … →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.
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