The GBP/NZD exchange rate is trading at around 1.8728, after rising about 0.75% so far at the start of the new trading week, and studies of the charts suggest mixed signals make a firm directional …
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The New Zealand Dollar was weaker in the face of a recovering U.S. greenback Thursday and is set for further declines in the week ahead, according to strategists at Westpac, who say a break below a…
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The New Zealand Dollar was crushed during early trading Wednesday as investors responded to a Reserve Bank of New Zealand (RBNZ) interest rate cut that was larger than markets expected and guidance…
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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 immime…
Read more … →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.
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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) h…
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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 B…
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