The Pound-to-New Zealand Dollar rate fell to its lowest since August 2019 on Friday even as the Kiwi cooled its heels after another strong weekly gain, but it could fall a further seven percent and to its lowest since January 2017 if Britain and the EU fail to reach a trade agreement this month.
December 12,2020
The New Zealand Dollar remained an outperformer on Tuesday as investors continued to reward a brighter domestic economic backdrop that may remain a headwind for the Pound-to-New Zealand Dollar rate even if the UK government is successful in securing a Brexit trade deal.
December 8,2020
Foreign exchange analysts at investment bank Goldman Sachs have this week said they are raising their forecast targets for the New Zealand Dollar, while Australia- and New Zealand-based lender Westpac say they see the near-term rally in the currency extending.
December 3,2020
The New Zealand Dollar advanced to its highest for nearly three years last week in a favourable market for risk assets but the Kiwi could soon run into valuation headwinds, according to some analysts, which would slow its rally and may provide Sterling with respite from recently relentless pressure.
November 30,2020
Foreign exchange strategists at investment bank Morgan Stanley have made selling the Pound against the New Zealand Dollar a key conviction trade for 2021.
November 27,2020
New Zealand's Dollar proved resilient on Thursday to the overtures of a recuperating U.S. rival after having clocked new highs in the overnight session, with strength in the Kiwi currency helping to exacerbate a nervous breakdown in the Pound-to-New Zealand Dollar rate.
November 26,2020
The New Zealand Dollar is forecast to remain a relative outperformer over the coming weeks and could even have scope to achieve levels not seen since April 2018, according to Westpac, as a robust economic recovery helps sustain a recent turnaround in the Reserve Bank of New Zealand (RBNZ) policy outlook.
November 25,2020
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