The New Zealand Dollar edged higher against most other major currencies in the final session of the week, partially reversing otherwise steep declines after appearing to draw a bid from the market following contact with a major level of technical support on the charts.
September 16,2022
"There looks to more substance behind the Q2 figures, with the opening up of the NZ economy a clear positive" - ASB.
September 15,2022
GBP/NZD pushing higher from recent lows, aided by BoE rate hike expectations.
September 13,2022
The Pound to New Zealand Dollar rate climbed from near post-pandemic lows early in the new week but the outlook for it depends as much on whether the NZD/USD pair can hold above recent lows as it does the market’s reception of the new UK Prime Minister’s incoming economic policies.
September 6,2022
The Pound to New Zealand Dollar exchange rate remains close to its early August lows but has been finding support around 1.8950 in recent sessions and could be likely to stabilise above this level in the short-term without a sustained improvement in global market risk appetite to lift the Kiwi.
August 31,2022
RBNZ's Orr said he is confident the Bank is "on top" of inflation, the NZD went lower.
August 26,2022
The Pound to New Zealand Dollar exchange rate began to unwind a short-lived mid-month recovery this week but would be likely to unravel further in the days ahead if the Kiwi continues to outperform while Sterling remains a laggard among the major currencies.
August 25,2022
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