Global risk sentiment continues to recover and this is aiding the New Zealand Dollar, say analysts.
August 4,2022
The Pound to New Zealand Dollar exchange rate has climbed from three-month lows but the buoyant Kiwi Dollar could mean that Sterling struggles to get far above the nearby 1.95 level and ultimately remains limited by tough technical resistance up around 1.9624 in the days and weeks ahead.
August 2,2022
NZD to struggle says HSBC, as NZ economy faces 'hard landing'.
August 4,2022
The Pound to New Zealand Dollar rate entered the new week on the front foot but may be at risk of another flush below the 1.92 level and could struggle to get far off the ground amid a busy schedule of event risks in the days ahead.
July 26,2022
The Pound to New Zealand Dollar exchange rate has given up the 1.94 handle amid an upswing in demand for riskier currencies, which leaves Sterling vulnerable to the Kiwi’s high yield appeal and may mean that a period of suppression within a rough 1.9182 to 1.9385 is likely ahead for GBP/NZD.
July 19,2022
NZD lagged other major currencies at the start of the new week after a leap in New Zealand inflation rates surprised investors and raised bets for a faster raising of interest rates at the Reserve Bank of New Zealand.
July 18,2022
The New Zealand Dollar and other currencies rallied ahead of the weekend as financial markets responded to surprisingly strong U.S. economic figures and soothing remarks from Federal Reserve officials, all of which appeared to help push GBP/NZD close to six week lows.
July 16,2022
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