The Pound is set to strengthen versus the New Zealand Dollar (Kiwi) due to a combination of easing Brexit risks and a negative 'macro' outlook for the the New Zealand economy, says a major ban…
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The New Zealand Dollar traded higher across the the board in London Thursday although this was no thanks to the Reserve Bank of New Zealand, which left a series of offshore factors to do the heavy …
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GBP/NZD is waving bullish red-flags as the new week begins, whilst a major event for pair on the horizon is the New Zealand central bank policy meeting.
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“We expect growth to remain at a more subdued pace this year, as the new Government’s policies – particularly around cooling the housing market – are expected to be a drag on activity." - Westpac
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The Pound-New Zealand Dollar currency pair appears to be consolidating and setting up the foundations for a big break, but which way will the exchange rate move?
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The New Zealand Dollar has spent the last two and a half years strengthening against the rest of the field, but its days in the sun may be over, argue ANZ.
Read more … →The GBP/NZD exchange rate continues to trade in a sideways range as the Pound takes timeout from its longer-term recovery.
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