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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The New Zealand Dollar will underperform all of its G10 rivals other than the U.S. greenback in 2019, according to the latest forecasts from Morgan Stanley and J.P. Morgan, as domestic and internatio…
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The technical outlook for GBP/NZD is mixed, for whilst the exchange rate is technically still in a short-term uptrend, the spike higher which led to the establishment of the May highs, and saw the …
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