The New Zealand Dollar roared back into life on Wednesday, sending GBP/NZD into a tailspin as it topped the board among major currencies entering the mid-week session after the Reserve Bank of New Zealand (RBNZ) surprised the market with a ‘hawkish’ monetary policy report.
May 26,2021
The Pound is likely to struggle against the New Zealand Dollar over the short-term given the significant technical resistance in the market around current levels, however the mid-week Reserve Bank of New Zealand meeting is tipped by some market professionals to offer excitement.
May 24,2021
The New Zealand Dollar has slipped through the major currency rankings already in recent months but now faces being further eclipsed as coronavirus-inspired sluggishness in some Asia Pacific currencies threatens to lift the trade-weighted Kiwi and hold back NZD/USD.
May 20,2021
The New Zealand Dollar is on a "highway to strength", say analysts at HSBC, the global investment bank and lender.
May 17,2021
"Upside risks building" reads the headline to the latest global overview of the New Zealand economy and its components, including the New Zealand Dollar, by Auckland Savings Bank.
May 12,2021
The Pound-to-New Zealand Dollar exchange rate was testing its recent highs near to 1.95 on Tuesday, above which it would be vulnerable to a correction in light of Sterling’s recent strength and scope for an acceleration by the Kiwi over the coming weeks.
May 11,2021
The New Zealand Dollar was lower across the board on Thursday in sympathy with other commodity currencies while European counterparts prospered, lifting GBP/NZD in the process, although the Kiwi currency continues to be tipped as a buy at Westpac and Commonwealth Bank of Australia (CBA) among others.
May 6,2021
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