The New Zealand Dollar is broadly stronger after the release of inflation figures that showed the Reserve Bank of New Zealand (RBNZ) still has more work to do if it wants to achieve the 2.0% target.
July 17,2024
The Pound to New Zealand Dollar exchange rate can deliver more gains in the coming week, but beware of overbought conditions and any pullback if UK wage and inflation figures undershoot midweek.
July 15,2024
The New Zealand Dollar has come under pressure after the Reserve Bank of New Zealand raised market expectations that it would cut interest rates twice before the year is over.
July 10,2024
The Pound to New Zealand Dollar exchange rate can remain supported into the midweek policy decision at the Reserve Bank of New Zealand.
July 8,2024
The rising odds of an interest rate cut in November could weaken the New Zealand Dollar further.
July 4,2024
The New Zealand Dollar extended a soft run after a new business survey showed a continued deterioration in economic sentiment and raised the odds of an interest rate cut at the Reserve Bank of New Zealand in H2.
July 2,2024
The Pound to New Zealand Dollar exchange rate is forecasted to extend a recent rally towards 2.0832 in the coming days. Friday's U.S. jobs report is the week's focus for NZD, while Thursday's UK election is the focus for GBP.
July 1,2024
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