New Zealand Dollar

A descending sequence of peaks and troughs, of lower highs and lower lows suggests the pair may have entered a short-term technical downtrend.

October 18,2018

The New Zealand Dollar has staged a determined comeback from multi-year lows in recent weeks but it still has a long way to go before the downtrend gripping the Antipodean currency is broken, according to strategists at National Australia Bank (NAB). 

October 17,2018

The New Zealand Dollar rose Tuesday after official data revealed a stronger than antipicated pickup in inflation during the recent quarter, which has left the consumer price index close to the midpoint of the Reserve Bank of New Zealand (RBNZ) target.  

October 16,2018

The New Zealand Dollar fell Wednesday due to a combination of adverse factors, taking its 2018 loss near to the double-digits in percentage terms, but the currency is still overvalued according to one analyst. 

 

October 10,2018

The New Zealand Dollar fell to new lows Tuesday despite official data casting the government's financial books in a more favourable light than previously thought, emphasising the extent to which the Kiwi is being driven by an unsupportive global environment. 

October 9,2018

The Pound-to-New-Zealand-Dollar rate has risen strongly of late and will continue on to our target this week but the rally could stall soon after.

October 8,2018

New Zealand's Dollar continued its retreat from recent highs Tuesday after another survey showed business confidence collapsing to its lowest level since the financial crisis, prompting analysts to warn of ebbing momentum in the economy and a possible rate cut from the Reserve Bank of New Zealand (RBNZ). 

October 2,2018

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