Reserve Bank of New Zealand

The New Zealand Dollar dropped by more than half a per cent after the Reserve Bank of New Zealand (RBNZ) cut interest rates by 50 basis points and left the door open to another such move.

BNZ predicts that the Reserve Bank of New Zealand (RBNZ) will cut the Official Cash Rate (OCR) by 50 basis points at its next meeting.

The New Zealand dollar fell heavily against all major currencies overnight on Wednesday, leading to a spike in GBP/NZD, after the Reserve Bank of New Zealand cut its interest rate and signaled that further cuts are likely up ahead.

The New Zealand Dollar struggled for traction against the US Dollar and Pound on Thursday but could perform better in the week ahead as the market rethinks the outlook for Kiwi interest rates, according to ANZ Research.

The New Zealand Dollar has come under pressure after the Reserve Bank of New Zealand raised market expectations that it would cut interest rates twice before the year is over.

The New Zealand Dollar leapt higher after the Reserve Bank of New Zealand maintained its base interest rate at 5.5% and warned it would raise interest rates again if necessary.

The New Zealand Dollar firmed against the majority of its peers after the RBNZ left its policy rate unchanged and gave no hint that it was close to making changes.

The New Zealand Dollar fell sharply across the board after the Reserve Bank of New Zealand (RBNZ) left interest rates unchanged and maintained guidance that rates would remain at current levels for some time.

The New Zealand Dollar rose noticeably against the Pound, Dollar and other major currencies after the Reserve Bank of New Zealand (RBNZ) put markets on notice that it was prepared to raise interest rates again.

The New Zealand Dollar is the currency world's laggard in midweek trade after the Reserve Bank of New Zealand (RBNZ) kept interest rates unchanged at 5.5% and offered no fresh clues that it might raise interest rates again.

The Pound to New Zealand exchange rate entered the midweek session near its highest since the Brexit referendum but a deep undervaluation of the Kiwi and the latest Reserve Bank of New Zealand (RBNZ) inflation expectations survey are among reasons why GBP/NZD could be headed for a steady and potentially sharp correction up ahead. 

GBPNZD rests near three-year highs, NZDUSD extends July rally, RBNZ guidance shows little rush to hike again.

The Pound to New Zealand Dollar exchange rate soared in midweek trade and its largest intraday rally for more than seven months after the Reserve Bank of New Zealand (RBNZ) largely stayed the course it set out in April but indicated cuts to the cash rate could materialise sooner than markets imagined. 

New Zealand's recent budget announcement has not only unveiled significant fiscal measures but also carries implications for the Reserve Bank of New Zealand (RBNZ) and the country's economic outlook, including the potential impact on interest rate hikes.

The New Zealand Dollar rose broadly in the midweek session as rising dairy prices and a resilient labour market appeared to weigh on GBP/NZD but the Kiwi's gains could be limited and short-lived if some economists are right in their interpretations of the data.

The Pound to New Zealand Dollar exchange rate rose to its highest since October in the midweek session after Statistics New Zealand figures showed Kiwi inflation falling to its lowest level for more than a year but some analysts are wary of the outlook for Sterling.

The Pound to New Zealand Dollar exchange rate has rallied strongly over recent weeks but will risk being stopped in its tracks this week if BofA Global Research economists are on the money with their forecast for Wednesday's Reserve Bank of New Zealand (RBNZ) interest rate decision. 

The New Zealand Dollar climbed broadly ahead of the weekend in a corrective rebound that further crimp an earlier rally in GBP/NZD if the Reserve Bank of New Zealand (RBNZ) keeps its eye on the prize that is the Kiwi inflation target by reiterating its February outlook for the cash rate next week. 

The New Zealand Dollar climbed against all other major currencies in the mid-week session after the Reserve Bank of New Zealand (RBNZ) reiterated a hawkish outlook for its cash rate, stemming a month of underperformance by the Kiwi but drawing mixed responses from analysts and economists. 

The New Zealand Dollar edged higher against a range of major currencies in mid-week trade after the Reserve Bank of New Zealand (RBNZ) said its latest analysis suggests that interest rates still need to rise in line with the forecasts and assumptions set out back in November.