Seasonality could pull the Pound higher against the New Zealand Dollar in August 2021, a month in which the Kiwi traditionally tends to lose value against major peers, with analysts saying this performance is linked to global investor trends that typify this time of year.
July 27,2021
The Reserve Bank of New Zealand is unlikely to raise interest rates in 2021 according to a major investment bank, creating the potential for a readjustment lower in the New Zealand Dollar.
July 21,2021
The Pound-to-New Zealand Dollar rate remains supported above 1.96 amid an ongoing advance by the U.S. Dollar, which could lift Sterling back to 2.00 if it continues weighing heavier on the Kiwi, although market optimism about the outlook for Reserve Bank of New Zealand (RBNZ) interest rate policy may see GBP/NZD struggling to extend beyond there.
July 20,2021
The New Zealand Dollar succumbed to resurgent U.S. exchange rates in the penultimate session of the week, reversing its earlier gains and lifting GBP/NZD from its Wednesday lows, although the Kiwi currency has another ace card that could burden the greenback and Sterling next year.
July 15,2021
The New Zealand Dollar tore higher against the Pound, Euro, Dollar and the majority of the world's freely-traded currencies following an unexpected decision by the Reserve Bank of New Zealand.
July 14,2021
The New Zealand Dollar languished near to 2021 lows ahead of the mid-week session, keeping GBP/NZD near one-year highs although a recovery by the Kiwi could wound Sterling if on Wednesday morning the Reserve Bank of New Zealand (RBNZ) affirms the market consensus that it could begin lifting its interest rate early next year.
July 13,2021
The Pound's rebound against the New Zealand Dollar is likely to fade around current levels given the proximity of a layer of technical market resistance and the looming Reserve Bank of New Zealand (RBNZ) policy update.
July 12,2021
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