Pound vs. New Zealand Dollar positioning for breakout

The Pound-to-New Zealand Dollar exchange rate has risen to touch the ceiling of the narrow range it has been oscillating in since December last year, and is now threatening to breakout higher.

September 6,2018

New Zealand Dollar

The New Zealand Dollar appears to be a broad-based underperformer and appears to be showing a sympathy with emerging market assets which are taking a beating while some good news on Brexit has allowed GBP/NZD to move sharply higher.

September 5,2018

NZ Dollar

GBP/NZD gets a boost from progress on Brexit deal and poor NZD confidence data and the pair now back above 1.95 but still trapped in range. The main release for the Pound is PMI whilst for NZD diary prices could figure highly.

September 2,2018

The New Zealand Dollar slumped Thursday after an influential survey showed business confidence falling to a fresh post-crisis low during August, placing a question mark over the likely pace of growth in the second-half of the year and adding weight to claims the Reserve Bank of New Zealand may soon cut interest rates. 

August 30,2018

The New Zealand Dollar has fallen as low as it is likely to go and could recover steadily over coming months, according to multiple analysts covering the currency, although mounting fears of a possible interest rate cut mean the currency will remain a developed world "underperformer". 

August 29,2018

New Zealand Dollar and Pound set for bout of volatility

From a technical perspective the exchange rate is trading in a range, resembling a triangle pattern and although it has been directionless for several months now, a volatile period is promised fairly soon.

August 28,2018

The New Zealand reached a key 'make-or-break' technical level against the US Dollar Wednesday but chart signals of what might happen next are mixed, analysts are pessimistic in their outlook and the Kiwi's fundamentals are weak.

August 22,2018

Page 126 of 190

Theme: GKNEWS