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The New Zealand Dollar rose broadly Tuesday after official data showed consumer price pressures beginning to build in New Zealand, which may now prompt traders to reconsider their expectations around when the Reserve Bank of New Zealand (RBNS) is likely to begin lifting its interest rate up from record low levels.
July 17,2018
The GBP/NZD exchange rate may be forming a triangle pattern which could lead to a breakout higher. Sterling is expected to be dominated by Brexit news this week whilst CPI data is expected to be the main release for NZD.
July 16,2018
The New Zealand Dollar weakened again Friday but its days in the proverbial dog box are nearly over, according to analysts at BMO Capital Markets, whose mid-year currency forecasts suggest the Kiwi Dollar will now enjoy a steady recovery into the New Year.
July 13,2018
The Pound-to-New Zealand Dollar rate continues trading in a long and sideways range between 1.98 and 1.87, as it has done since the beginning of the year.
July 9,2018
According to the latest forecasts from Bank of New Zealand, the worst may now be over for the Kiwi currency following months of heavy losses.
July 6,2018
GBP/NZD seen to be in a short-term uptrend that can extend as ANZ say New Zealand has hit peak growth which should constrain NZD upside while JP Morgan strategists say now is time to go 'short' on NZD
July 3,2018
The New Zealand Dollar extended losses Thursday after the Reserve Bank of New Zealand doubled down on May's message that Kiwi interest rates will remain at record lows for "some time to come", while also flagging growing risks to both domestic and global economies.
June 28,2018
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