The Pound-to-New Zealand Dollar rate was volatile Thursday after a jittery market was spooked away from Sterling by a perceived deterioration of the odds for a Brexit trade deal that has obscured a reorientation of the talks and a shifting balance of risk that could now be to the upside.

October 1,2020

The British Pound starts the new week on the offensive against the New Zealand Dollar as the UK currency looks to build on the 2.0% gain registered in the week prior, with momentum indicators suggesting the recent recovery can run further.

September 28,2020

The New Zealand Dollar bucked the trend among commodity currencies Friday to outperform all major rivals except the U.S. Dollar, after the NZ Treasury said economic activity is returning to earlier levels after a second ‘lockdown’ that’s now forecast to eat into third-quarter growth to a lesser extent than was feared. 

September 25,2020

The New Zealand Dollar gave ground to the Pound, Euro and U.S. Dollar in the wake of a decidedly downbeat update from the Reserve Bank of New Zealand which opted to keep policy settings unchanged at their September meeting but warned that further easing was likely over coming months.

October 8,2020

The New Zealand Dollar gave a resilient account of itself Tuesday having risen against all but the safe-haven major currencies, although September’s Reserve Bank of New Zealand (RBNZ) policy decision now looms over the Kiwi , which is also at risk from weakness in stock markets and a souring backdrop on the charts. 

September 22,2020

The Pound is under widespread pressure at the start of the new week amidst a cocktail of stock market weakness, signs of fresh covid restrictions in the UK and ever-present Brexit anxieties, however the currency is holding ground against the New Zealand Dollar with GBP/NZD seen trading 0.40% higher at 1.9180 at the time of publication.

September 21,2020