New Zealand Dollar Forecast

GBP/NZD has eased back of late amidst clear NZD outperformance.

GBP/NZD starts the new week higher amidst a selloff Asian and Australian currencies linked to the weekend developments in China, but the prospect of a material advance in the pair remains limited.

Top performer NZD runs into an important meeting of the RBNZ this week.

BNZ is in the process of upgrading its NZD forecasts.

GBP/NZD set to release pent-up energy in a busy week for the UK.

NZD is the best-performing major currency of November, but this outperformance will likely fade over the coming days, offering GBP the chance to consolidate towards the middle of a long-held trading range.

AUD and NZD are set to extend their decline as commodity prices prove unsupportive and a fall in global stock markets continues well into 2023.

GBP/NZD pushing higher from recent lows, aided by BoE rate hike expectations.

GBP/NZD will likely remain heavy over coming days although price action will likely remain choppy and the lows near 1.88 should be defended.

Analysts at investment banks Goldman Sachs and HSBC are looking for New Zealand Dollar weakness in the wake of the mid-week Reserve Bank of New Zealand (RBNZ) policy update.

50bp rate hike likely midweek, tone set by RBNZ key to NZD trade.

Further New Zealand Dollar strength likely say economists at ANZ.

Westpac sees the potential for further weakness in the New Zealand Dollar over the short term but by year-end the currency should be appreciating more noticeably.

NZD to struggle says HSBC, as NZ economy faces 'hard landing'.

The New Zealand Dollar is likely to struggle over the remainder of 2022 amidst ongoing headwinds to global markets and as the Reserve Bank of New Zealand fails to live up to lofty expectations.

NZD is tipped to be a laggard in the commodity currency complex by foreign exchange analysts at BMO Capital Markets who say the global surge in fuel prices will continue to proved a drag on the country's trade dynamics.

Key New Zealand Dollar exchange rate forecasts including NZD/USD, GBP/NZD, EUR/NZD and NZD/AUD.

The key event for the New Zealand Dollar this week is the RBNZ policy decision which could trigger some volatility in midweek trade, although until then it is global risk sentiment that could remain the major driver.

GBP/NZD trending higher as NZD's bout of weakness looks to extend amidst poor Chinese data and rising U.S. interest rates.

ASB says the recent weakness in seen in the New Zealand Dollar has further to run.