The Pound-to-New Zealand Dollar exchange rate (GBP/NZD) has been butting its head against a solid resistance level for two months now and market participants will be looking for a decisive break to open the door to higher levels over coming days and weeks.
February 1,2021
The New Zealand Dollar is forecast by analysts at Kiwi lender NAB to endure a period of consolidation following a multi-month tear higher.
January 28,2021
The New Zealand Dollar outperformed on Tuesday and in the process cemented its grip on the top spot among major currencies for 2021 after a years-in-the-making trade deal with China was signed and as analysts suggested that Kiwi economic resilience could limit the downside for the currency in the short-term.
January 26,2021
The Pound-to-New Zealand Dollar exchange rate is lower at the start of the new week, extending the losses seen on Thursday and Friday meaning the January rebound could now be in jeopardy.
January 25,2021
The New Zealand Dollar has corrected lower in the New Year and was in consolidation mode on Wednesday, aiding a nascent turn higher in the Pound-to-New Zealand Dollar exchange rate in the process, although both moves could have further to run over the coming weeks.
January 20,2021
The Pound-to-New Zealand Dollar exchange rate (GBP/NZD) has become increasingly near-term bullish and could be on course to reach an initial target at 1.9189.
January 18,2021
The New Zealand Dollar underperformed midweek, continuing a recent trend that has already put a floor under GBP/NZD and which could be a microcosm of a broader 2021 trend as a combination of economic recovery and interest rate cuts put further pressure on “real yield” returns to investors in New Zealand.
January 13,2021
Page 62 of 171
