The New Zealand Dollar outperformed major currencies in a global rally of risk assets on Tuesday although the Kiwi currency had been given a headstart when Finance Minister Grant Roberston aired concerns about rising house prices, leaving the Reserve Bank of New Zealand (RBNZ) under a spotlight. 

November 24,2020

NZ Dollar outlook vs. pound and dollar

The New Zealand Dollar's recent strength looks "exaggerated" according to foreign exchange strategists at Barclays who make it a short-term sell target.

November 23,2020

The New Zealand Dollar outperformed Friday as it benefited from an ongoing market reassessment of the outlook for Kiiw interest rates that's drove continued profit-taking in AUD/NZD, according to some traders, although analysts see scope for NZD/USD to rise above 0.70 in the coming weeks. 

November 20,2020

The New Zealand Dollar was an outperformer on Wednesday although strong November gains over all major currencies mean the Kiwi could now be due a corrective move lower in the short-term, according to Westpac analaysts, who say this will offer investors a buying opportunity and be a precursor to a further rally. 

November 18,2020

The Pound-to-New Zealand Dollar rate rallied on Tuesday amid speculation that a Brexit trade deal is on the horizon but its upside potential has been curtailed by a strengthening Kiwi, the outlook for which has been bolstered by progress in development of a coronavirus vaccine.

November 17,2020

The New Zealand Dollar remained the week's best performing major currency on Thursday and has been tipped as a buy at Westpac after the Reserve Bank of New Zealand (RBNZ) signalled a pending shift in its interest rate guidance, potentially removing what has been a key headwind for the Kiwi of late. 

November 12,2020

New Zealand's Dollar swept higher on Wednesday after the Reserve Bank of New Zealand (RBNZ) indicated that it may no longer cut its cash rate below zero next year, prompting a sharp repricing of market expectations for the cash rate while bolstering the outlook for the currency. 

November 11,2020

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