The Pound to New Zealand Dollar exchange rate has all but drawn a line under a multi-month sell-off amid signs of an aggressive shift in the Bank of England (BoE) interest rate stance but could struggle to rise by much due to the Kiwi’s high yield appeal and improving market risk appetite.
June 21,2022
Key New Zealand Dollar exchange rate forecasts including NZD/USD, GBP/NZD, EUR/NZD and NZD/AUD.
June 20,2022
The New Zealand Dollar rebounded from near the bottom of the major currency bucket in the final session of the week but will face fresh challenges from near and afar in the days ahead when first-quarter Kiwi GDP data will be released in close proximity to the latest Federal Reserve (Fed) decision.
June 10,2022
The Pound to New Zealand Dollar exchange rate opened the new week on its front foot but the nascent rebound may be likely to lose steam ahead of the 1.94 handle in the days ahead while Friday’s U.S. inflation data could yet see GBP/NZD probing below the nearby level of 1.90.
June 6,2022
The Pound to New Zealand Dollar exchange rate has drawn bids in response to momentary slippage beneath the 1.93 handle thus far in the new week but could find itself stifled by a resilient Kiwi Dollar upon any advance toward the round number of 1.95 in the days ahead.
May 31,2022
The New Zealand Dollar rallied after the Reserve Bank of New Zealand raised interest rates by a further 50 basis points and looks set to do so again at the next two meetings, say analysts.
May 25,2022
The Pound to New Zealand Dollar rate has been volatile from the outset this week but could rally above 1.96, or even approach the two-for-one level if Wednesday’s Reserve Bank of New Zealand (RBNZ) interest rate decision or forecasts disappoint lofty financial market expectations.
May 24,2022
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