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…
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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.
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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.
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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 …
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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…
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GBP/NZD seen going higher near-term but lower as medium-term downtrend reasserts suggest technical studies. Fundamentally, the RBNZ forms central domestic focus for NZD action this week while GBP w…
Read more … →The New Zealand Dollar fell Wednesday after official current account data showed international trade was likely to have dragged on the economy in the first-quarter, leaving traders wary of backing …
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