The New Zealand dollar has enjoyed a dramatic advance against the pound sterling on a day that has seen many traders holding onto GBP forcibly evicted from the market.
The pound sterling has managed to maintain a positive tone against the New Zealand dollar over the past 24 hours and this momentum is likely to continue.
The New Zealand Dollar remains mixed against its peers as it continues to suffer from a lack of new data releases over the holiday period and muted trading in the markets.