The New Zealand Dollar was boosted at the start of the new month on strong demand for New Zealand Government bonds, following their inclusion in a major global index.
November 1,2022
The Pound to New Zealand Dollar exchange rate reached an eight-month high in early trading this week but its recovery from late September's multi-year lows has since been curtailed by a combination of weakness in Sterling and a pickup in market appetite for the Kiwi currency.
October 18,2022
The Pound to New Zealand Dollar exchange rate has remained buoyant near to early October highs thus far in the new week but may already have reached the end of recovery road previously and could now be likely to consolidate recent gains given a pickup in market appetite for the Kiwi.
October 11,2022
NZD rose after RBNZ hiked 50bp to 3.5%, in line with market consensus expectations, but signalled it was considering an even larger hike.
October 5,2022
NZD under broad based pressure, RBNZ to hike 50bp Wednesday, but unlikely to offer NZD support.
October 3,2022
GBP/NZD has this week put in a truly spectacular performance, at least by G10 standards.
September 30,2022
The New Zealand Dollar extended a 15-month downtrend against the U.S. Dollar and appeared headed for March 2020 lows during the midweek session but may have better prospects against Sterling, which could see sharp losses following Thursday's Bank of England (BoE) policy decision.
September 21,2022
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