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GBP/NZD is trading with an upside bias and could potentially move up to the 1.98s if there is a breakout in the week ahead.
February 12,2018
“We don’t foresee an OCR hike until late-2019. If anything, we would put the odds of an OCR reduction this year as slightly higher than the odds of a hike, although a large shock would be required to generate either,” - Westpac.
February 8,2018
Fourth-quarter unemployment data comes ahead of the latest interest rate statement from the Reserve Bank of New Zealand, which could yield a hawkish change in the central bank's language, according to one strategist.
February 7,2018
The scheduling of major releases for both currencies in the GBP/NZD exchange rate indicates a potential for a potentially volatile week ahead.
February 5,2018
With politics no longer such a distraction, and the economy motoring along, the growth, inflation and interest rate equation will dominate the New Zealand Dollar again in 2018.
February 1,2018
The New Zealand Dollar has risen from in surge in exports and a brighter economic outlook.
January 30,2018
GBP/NZD has been recovering ever since the post Brexit lows, and whilst there is no sign of it ending the very near picture is too clouded to offer a clear forecast in the short term.
January 29,2018
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