The Pound to New Zealand Dollar exchange rate has given up the 1.94 handle amid an upswing in demand for riskier currencies, which leaves Sterling vulnerable to the Kiwi’s high yield appeal and may mean that a period of suppression within a rough 1.9182 to 1.9385 is likely ahead for GBP/NZD.
July 19,2022
The Pound to New Zealand Dollar rate saw a choppy start to the week but could be likely to find itself confined by a rough 1.9392 to 1.9547 range in the days ahead unless the Reserve Bank of New Zealand inspires the Kiwi to outperform in which case Sterling would potentially be at risk of revisiting 1.92.
July 12,2022
The Pound to New Zealand Dollar exchange rate entered the new week around the middle of its one-month range and could be likely to trade toward the lower end of that spectrum over the coming days with price action spanning the gap between roughly the 1.9337 and 1.95 levels.
July 4,2022
The New Zealand Dollar has been sold heavily thus far in the week alongside Sterling and there is evidence that some of the resulting losses reflect asset sales by the Swiss National Bank (SNB), although none of this has done anything to disrupt the sideways trend toward consolidation in GBP/NZD.
June 29,2022
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.
June 28,2022
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.
June 27,2022
The Pound to New Zealand Dollar rate has been contained within a well defined and relatively narrow range over the recent month but with the influential NZD/USD pair testing a major level of support on the charts, it’s possible that the breakout risk for GBP/NZD is on the upside.
June 23,2022
The Pound to New Zealand Dollar exchange rate has all but drawn a line under a multi-month sell-off amid signs of an aggressive shift in the Bank of England (BoE) interest rate stance but could struggle to rise by much due to the Kiwi’s high yield appeal and improving market risk appetite.
June 21,2022
The Pound to New Zealand Dollar exchange rate opened the new week on its front foot but the nascent rebound may be likely to lose steam ahead of the 1.94 handle in the days ahead while Friday’s U.S. inflation data could yet see GBP/NZD probing below the nearby level of 1.90.
June 6,2022
The Pound to New Zealand Dollar exchange rate has drawn bids in response to momentary slippage beneath the 1.93 handle thus far in the new week but could find itself stifled by a resilient Kiwi Dollar upon any advance toward the round number of 1.95 in the days ahead.
May 31,2022
The Pound to New Zealand Dollar exchange rate reached its highest level since shortly after the Russian military first crossed into Ukraine early in the new week but may be in the process of topping out and could be at risk of a corrective setback in the days ahead.
May 17,2022
GBP/NZD trending higher as NZD's bout of weakness looks to extend amidst poor Chinese data and rising U.S. interest rates.
May 16,2022
The Pound to New Zealand Dollar exchange rate’s latest attempt at recovery lost momentum early in the new week as global markets settled following an earlier sell-off, leaving Sterling at risk of listing lower over the coming days.
May 10,2022
The Pound to New Zealand Dollar exchange rate has lifted sharply from its early April lows in recent weeks but could be at risk of sliding back to, or perhaps even beneath the 1.92 level in the wake of this week’s Federal Reserve (Fed) and Bank of England (BoE) policy decisions.
May 3,2022
The New Zealand Dollar's near-term technical outlook is said to be "complicated" by one of New Zealand's largest lenders, where strategists look to Wednesday's all-important inflation data to offer fresh direction.
April 19,2022
The New Zealand Dollar is forecast to maintain its dominant position in global FX, supported by the ongoing war in Ukraine and bets that China's economy will continue to expand to the benefit of New Zealand.
March 21,2022
February 21,2022
Page 7 sur 8