The strong surge after the pair found support suggests the possibility an uptrend is developing, although, a break above the 1.9426 highs would be required for confirmation and to suggest a continuation to the next upside target at 1.9600.
February 11,2019
The New Zealand Dollar retreated from 2019 highs Thursday after official data showed cracks opening up in the Kiwi labour market during the final quarter, encouraging speculation the Reserve Bank of New Zealand (RBNZ) could soon be forced to cut interest rates.
February 7,2019
From a technical perspective the immediate outlook is probably marginally bearish after the big sell-off last week flipped the short-term trend.
February 3,2019
The New Zealand Dollar held its own against a recovering U.S. Dollar Friday as the Kiwi currency was supported by an upgrade to the government's credit rating outlook, which may have eased investor fears about the economy.
February 1,2019
The New Zealand Dollar looks to be in the process of reversing a long-term downtrend against the U.S. Dollar, suggesting further gains could be in store for the antipodean currency.
January 31,2019
The New Zealand Dollar will fall to its lowest level in more than a decade before the end of 2019, according to the latest forecasts from Australia & New Zealand Banking Group (ANZ), while the Pound-to-Kiwi rate is forecast to rise almost 5%.
January 30,2019
The Pound has opened the week softer against the New Zealand Dollar but our technical studies of the GBP/NZD exchange rate suggest it is likely to maintain a positive tone over the short-term.
January 28,2019
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