The Pound-to-New-Zealand-Dollar rate was trading around 1.9310 at the start of the new week, about a cent lower from the previous close, but studies of the charts suggest the exchange rate is set t…
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The New Zealand Dollar was weaker on Wednesday after the May Australia & New Zealand Banking Group (ANZ) business confidence survey and latest Reserve Bank of New Zealand (RBNZ) financial stabi…
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The Kiwi Dollar advanced against rivals early in the new week but the going could become tougher from Tuesday onward if the Reserve Bank of New Zealand (RBNZ) financial stability report augurs fresh …
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From a technical outlook perspective, GBP/NZD is now in an established downtrend which started at the beginning of May. Given the old adage that the ‘trend is your friend,’ this downtrend is seen a…
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The New Zealand Dollar hit a new low Wednesday after the first-quarter retail sales report was unable to arrest the decline in the currency but, with one eye on rising milk prices, local analysts a…
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The GBP/NZD exchange rate is trading at 1.9499 at the time of writing, considerably lower than the 1.97s it was trading at at the beginning of the previous week.
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"Last week closed as a bearish pin-bar reversal which is a sign we are eventually going to go down" - Robert Colville on the Pound / New Zealand Dollar outlook.
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