GBP/NZD will likely remain heavy over coming days although price action will likely remain choppy and the lows near 1.88 should be defended.
August 22,2022
The RBNZ raised interest rates again and signalled it would raise them to levels higher than they had previously been expecting, but the market's verdict of the August policy update and guidance resulted in a New Zealand Dollar sell-off.
August 17,2022
Analysts at investment banks Goldman Sachs and HSBC are looking for New Zealand Dollar weakness in the wake of the mid-week Reserve Bank of New Zealand (RBNZ) policy update.
August 16,2022
50bp rate hike likely midweek, tone set by RBNZ key to NZD trade.
August 15,2022
Further New Zealand Dollar strength likely say economists at ANZ.
August 11,2022
The Pound to New Zealand Dollar rate received a bid from the market when falling back near to four-month lows early in the new week but would risk slipping back beneath the nearby 1.92 level if the Kiwi is able to build further on a tentative rebound against the U.S. Dollar in the days ahead.
August 9,2022
Westpac sees the potential for further weakness in the New Zealand Dollar over the short term but by year-end the currency should be appreciating more noticeably.
August 9,2022
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