The Pound to New Zealand Dollar exchange rate extended its recent rally to some of its highest levels since the onset of the pandemic this week but the risk of a correction has risen alongside Sterling while the scope for a setback might only be likely to grow further in the days and weeks ahead.

May 31,2023

GBPNZD sees follow-through upside Thursday, 2023 highs at 2.0400 in contention.

May 25,2023

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. 

June 20,2023

The Pound to New Zealand Dollar exchange rate was ridden down to the lowlands of its May range last week but could get an opportunity rally back above the 2.0 level in the days ahead if either UK economic data is obliging, or if the Reserve Bank of New Zealand (RBNZ) stays April's interest rate course.

May 22,2023

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.

May 18,2023

The Pound to New Zealand Dollar rate could be volatile around the 2.0 level in the days ahead and vulnerable in the weeks thereafter as China's Renminbi migrates along a southbound highway in response to growing concerns in the market about the outlook for the world's second-largest economy. 

May 17,2023