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The Pound is on course for a further 7% gain over its Kiwi counterpart in 2019, according to analysts at Australia & New Zealand Banking Group (ANZ), who say the Antipodean unit will plumb new depths before the year is out as policymakers cut interest rates to fresh record lows.
May 2,2019
The New Zealand Dollar was softer Wednesday after the first-quarter unemployment report reinforced the tide of negative sentiment towards the Kiwi, with weak wage growth seen by analysts as an incitement for the Reserve Bank of New Zealand (RBNZ) to cut its interest rate.
May 1,2019
The Pound-to-New Zealand Dollar rate is trading at 1.9389 at the start of the new week after closing about a tenth of a percent lower on Friday, although the market remains within an uptrend that looks set to extend over the coming days.
April 29,2019
The Pound is tipped to enjoy a positive tenor against the New Zealand Dollar over coming days in line with an overall constructive short-term technical setup.
April 22,2019
A brighter outlook for the global economy amidst easing trade war fears between the U.S. and China should lead to an appreciation of the New Zealand Dollar over the remainder of 2019 say BNZ.
April 18,2019
The New Zealand Dollar was clobbered with heavy losses overnight after first-quarter inflation data all but sealed the deal on a Reserve Bank of New Zealand (RBNZ) interest rate cut for next month, but analysts at Commonwealth Bank of Australia say the Kiwi unit should now stabilise regardless of what the central bank does next.
April 17,2019
The Pound and New Zealand Dollar are vying for the position of worst-performing G10 on a rolling month-on-month basis, and which currency comes out on top at the end of the coming week could well depend on the outcome of UK wage and New Zealand inflation data.
April 15,2019
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