The GBP/NZD pair looks poised to rise up to the November highs as it resumes its uptrend following the recent correction.
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Divergent trends in Kiwi and Australian wage growth could mean more downside for AUD/NZD but betting on a fall in the Pound-to-Kiwi rate makes more sense, according to Deutsche Bank.
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GBP/NZD continues pulling-back as we start the new trading week but longer-term the trend remains bullish and is expected to reassert itself in time.
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Inflation expectations are important for currency markets because the RBNZ can only be expected to raise interest rates after inflation has made a sustainable return into the higher end of the 1% t…
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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.
Read more … →“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…
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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…
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