The Pound-to-New Zealand Dollar rate was unravelling toward three-month lows that mark the likely bottom of a new and reduced trading range at the opening of a holiday-shortened week, as New Zealand prepared to begin exiting its latest ‘lockdown’ in what is a significant development for the Kiwi.
August 31,2021
New Zealand’s Dollar outperformed major counterparts in the mid-week session when continuing a recovery from 2021 lows against the U.S. Dollar that has curtailed last week’s GBP/NZD rally and which analysts say now threatens to engineer a further slide in the EUR/NZD rate.
August 25,2021
GBP/NZD struggling at 2.0 as Kiwi looks to find feet.
August 23,2021
The New Zealand Dollar would face losses of up to three percent against the U.S. Dollar, with bullish implications for GBP/NZD.
August 20,2021
New Zealand Dollar forecasts held at international financial services provider and investment bank Wells Fargo are pointed lower, despite them expecting an aggressive series of interest rate hikes being lined up by New Zealand's central bank for 2022.
August 19,2021
The New Zealand Dollar slumped to new 2021 lows on Wednesday after the Reserve Bank of New Zealand left its cash rate unchanged for August, although losses were quick to reverse, potentially due to the RBNZ also indicating that a rate rise has merely been delayed rather than being derailed altogether.
August 18,2021
The New Zealand Dollar was jolted by a shock announcement by the country's Prime Minister that a three day snap lockdown would be enforced from midnight Tuesday in response to a single Covid-19 case, a move that will mean the RBNZ is likely to leave interest rates unchanged at its mid-week decision.
August 17,2021
Page 52 of 171
