The New Zealand Dollar was the only major currency to successfully resist a further advance by the U.S. Dollar on Tuesday, demonstrating in the process why it’s tipped as a buy at HSBC, which sees the Kiwi being lifted up ahead by the Reserve Bank of New Zealand (RBNZ) policy outlook.
June 22,2021
The Pound-to-New Zealand Dollar rate remained ascendant early in the new week and was close to printing one-year highs around 1.9950, which would yet be seen if either the U.S. Dollar rebounds further, or if Thursday’s Bank of England (BoE) decision provides Sterling with reason for cheer.
June 21,2021
With the U.S. Dollar being boosted by a shift in stance at the Federal Reserve, could the New Zealand Dollar benefit from an increasingly optimistic mood at the Reserve Bank of New Zealand?
June 17,2021
The Pound-to-New Zealand Dollar exchange rate has thus far spent the fledgling week attempting to overcome the nearby 1.98 handle, a level above which its oxygen would begin to thin heading into a litany of key risk events for the Kiwi and Sterling.
June 15,2021
The New Zealand Dollar is tipped to find itself better supported over the course of the coming week as buyers return to the currency in anticipation of higher interest rates at the Reserve Bank of New Zealand.
June 7,2021
"We upgrade our forecast for the New Zealand dollar," says Georgette Boele, Senior Currency Strategist with ABN AMRO, the Dutch headquartered international investment bank and financial services provider.
June 3,2021
The New Zealand Dollar can continue to rise owing to May's surprising shift in stance at the Reserve Bank of New Zealand according to Wall Street investment bank JP Morgan, but the FX research team at Barclays tell their clients they are expecting weakness in the currency over coming days.
June 3,2021
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