GBPNZD has recovered the psychologically significant 2.0 level ahead of the weekend but peaking Bank of England rate hike expectations and a slowing economic data pulse could mean fresh 2023 highs are out of reach in the near term.

May 12,2023

The Pound to New Zealand Dollar exchange rate has receded from this year's highs in recently toppy trade and could remain choppy around the nearby 2.0 level through the remainder of the week without a potentially unlikely dovish surprise from the Bank of England (BoE) on Thursday.

May 10,2023

The New Zealand Dollar rose broadly in the midweek session as rising dairy prices and a resilient labour market appeared to weigh on GBP/NZD but the Kiwi's gains could be limited and short-lived if some economists are right in their interpretations of the data.

May 3,2023

The Pound to New Zealand Dollar exchange rate entered the new month near one-year highs following six weeks of unbroken gains but could now struggle for further traction as attention turns to Kiwi job figures due out on Tuesday and May's Bank of England (BoE) interest rate decision next week.

May 1,2023

The Pound to New Zealand Dollar exchange rate ebbed from one of its highest points for a number of years in the penultimate session of the week but remains at precarious levels amid an underperformance of antipodean currencies that is thought to have multiple drivers underlying it.

April 27,2023

Chasing New Zealand Dollar weakness remains a favoured strategy with analysts at some of the major investment banks amidst fears the New Zealand economy is set to struggle.

April 26,2023