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