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GBPNZD short-term outlook is constructive, but NZD could benefit on any global sentiment improvement.
October 23,2023
Poor investor sentiment linked to the Chinese economy is weighing on the New Zealand Dollar.
October 19,2023
The New Zealand Dollar was softer across the board after quarterly inflation figures came in below expectations and lowered the odds of a further rate rise at the Reserve Bank of New Zealand (RBNZ).
October 17,2023
GBPNZD looks comfortably supported, upside can extend short-term.
October 16,2023
The Reserve Bank of New Zealand (RBNZ) won't have the luxury of cutting interest rates for some time yet with economists pointing out that record immigration levels will require added vigilance from the central bank.
October 11,2023
GBPNZD can continue to stay supported above the 2.0275 level over the coming days as a 'relief' rally looks to extend further, however, data out of China could boost the Kiwi if it confirms a pickup in activity is underway.
October 9,2023
New Zealand's impending election might have been a significant contributor to the Reserve Bank of New Zealand's announcement that interest rates were to remain at 5.5%, a decision that has implications for the value of the NZD.
October 5,2023
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