The Australian and New Zealand dollars have seen their strong gains against the British Pound (GBP) slide away in the mid-week session as buyers return to the UK unit.
For GBP/AUD and GBP/NZD it is the GBP side of the equation that matters and there has been plenty of volatility coming from the UK as of late.
August 21,2014
Will today bring further gains for the British pound (GBP) against the NZ and Aus dollar's? Recent impetus would suggest so.
August 1,2014
The British pound (GBP) and the New Zealand dollar remain the big losers in currency markets in the second half of this week.
July 25,2014
Foreign currency forecasts from Canada's BMO Capital Markets suggest the New Zealand dollar (NZD) is currently priced to perfection on the exchange rate markets.
However, both the NZ and Australian dollars are predicted to decline in coming months.
July 23,2014
The Australian dollar (AUD) and New Zealand dollar (NZD) continue to advance against the British pound (GBP) through the mid-week trading session.
June 25,2014
Above: Pound to NZ dollar slumps as markets hear of further potential interest rate hikes in New Zealand.
The British pound, euro and US dollar are amongst those major currencies that have collapsed in value against the NZD over the past 24 hours.
June 13,2014
The NZ Dollar (NZD) exchange rate complex has, as forecast, come under intense scrutiny after the RBNZ announced another rate hike by 0.25 basis points.
However, it was warning of further interest rate rises that saw markets push the currency sharply higher. Nevertheless, in the final session of the week we are seeing some profit taking on the strong moves:
June 13,2014
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