The Pound to New Zealand Dollar rate fell from near six-month highs in ANZAC Day trade but could be in line for further losses in the days ahead if BofA Global Research is right about Sterling being overbought, and even more so once the May month gets underway.
April 25,2023
GBP/NZD increasingly comfortable at 2.0, "ugly" technical picture for NZD, says ANZ's Croy.
April 24,2023
The Pound to New Zealand Dollar exchange rate rose to its highest since October in the midweek session after Statistics New Zealand figures showed Kiwi inflation falling to its lowest level for more than a year but some analysts are wary of the outlook for Sterling.
April 20,2023
New Zealand is "in a tough spot" as rising interest rates expose vulnerabilities in household finances that could leave the New Zealand Dollar weaker, according to new research.
April 17,2023
The New Zealand Dollar has lagged behind many other major currencies thus far in the year but updated forecasts from Commonwealth Bank of Australia suggest the Kiwi could underperform further in the short-term while warning of divergence between AUD/NZD and EUR/NZD from here.
April 14,2023
GBP/NZD rose above 2.0 in the opening half of the week and could be likely to remain buoyant above roughly 1.98 if the Kiwi remains an underperformer among major currencies in the days and weeks ahead.
April 13,2023
The New Zealand Dollar has unwound the gains following the Reserve Bank of New Zealand's surprise 50 basis point interest rate hike, with analysts saying the markets are concerned about the country's growth outlook.
April 6,2023
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