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The New Zealand Dollar edged higher Tuesday ahead of the third-quarter labour market report due in the early hours of Wednesday morning and a crucial set of elections in the U.S., which could also prove key to the direction of the Kiwi currency into year-end.
November 7,2018
Pound Sterling remains under pressure against the New Zealand Dollar short-term with the pair quoted at 1.9497 at the start of the new week, ensuring the pair nurses a 4% loss for the past month of trading. Our studies suggest the NZD should remain favoured over the GBP.
November 5,2018
The New Zealand Dollar rose Thursday as traders responded to a duo of supportive developments in China overnight, and after a White House official hinted that a possible de-escalation of President Donald Trump's "trade war" against China could be in the pipeline.
November 1,2018
The New Zealand Dollar rose Tuesday as traders welcomed President Donald Trump's expression of optimism that a deal to end his so called trade war with China can be reached in coming weeks or months.
October 30,2018
The Pound-to-New-Zealand-Dollar rate continued its descent last week and has now reached a former shelf of support where momentum is likely to ebb from the market.
October 30,2018
The Kiwi economy is doing much better than the market gives credit for but the New Zealand Dollar is unlikely to discover this until some time early in the 2019 year, according one analyst.
October 26,2018
The New Zealand Dollar outlook remains dire over a medium-term horizon but the Kiwi is likely to enjoy a continued rebound higher in the short-term as sellers of the currency cash up and walk away from earlier trades, according to analysts at Westpac.
October 22,2018
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