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The GBP/NZD is languishing after failing to break above a trendline for the move down and remains in an overall downtrend.
November 8,2016
UK services sector data easily beat expectations which has put a temporary floor under the GBP/NZD exchange rate.
November 3,2016
The GBP/NZD pair looks vulnerable to falling in the coming week after strong inflation data reduced the chances of the Reserve Bank of New Zealand cutting interest rates lower.
November 1,2016
The GBP/NZD pair is trading within a tight range as price pressures balance.
October 28,2016
The Kiwi retains the upper hand in the short-term as “Hard Brexit” fears continue to dominate headlines since the government refuses to give up the principle of immigration control.
October 25,2016
A rise in the dollar is expected to pressure the NZD/USD lower in the coming months, whilst with Brexit still a factor weighing in Sterling NZD/GBP is forecast to rise slightly into 2017.
October 22,2016
The Reserve Bank of New Zealand is desperate to stimulate inflation back above 1%, and attempts to do so at the November meeting will weigh on the outlook.
October 19,2016
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