The Pound-to-New Zealand Dollar rate could test the upper bound of a likely short-term trading range ahead of the weekend if a pending policy decision from the Bank of England (BoE) casts the market as too pessimistic on UK interest rate prospects this Thursday.
May 5,2021
The Pound has come under pressure against the New Zealand Dollar this week, although Sterling could be likely to remain well supported around the nearby N$1.91 level in response to any further weakness.
April 29,2021
The Pound is captured in a short-term downtrend against the New Zealand Dollar, with the Pound-to-New Zealand Dollar exchange rate (GBP/NZD) now at risk of succumbing to a fifth successive week of declines.
April 26,2021
The New Zealand Dollar has advanced in value against all the major currencies over the course of the past week, extending an outperformance that has led Westpac, Credit Agricole CIB and others to tip the Kiwi as a buy in anticipation of a further rally ahead.
April 20,2021
The New Zealand Dollar lead the pack in mid-week foreign exchange trade, aided by supportive global equity markets and a central bank that will likely raise interest rates by next year.
April 14,2021
The Reserve Bank of New Zealand Dollar (RBNZ) is unlikely to be a concern for New Zealand Dollar bulls this week say analysts, meaning the Pound could struggle to recover the value it lost in the first week of April.
April 12,2021
The New Zealand Dollar remained the worst performing major currency over a one-month horizon on Thursday but was this week tipped for a period of outperformance by analysts at TD Securities, and has already begun clawing back earlier losses to a range of rivals thus far in April.
April 8,2021
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