The New Zealand Dollar was unable to capitalise on a better-than-expected jobs report Wednesday in a further sign that its star has faded with a market that is increasingly wary of n ongoing Reserve Bank of New Zealand (RBNZ) attempt to chain the Kiwi to the earth next week and beyond.
August 6,2020
After eight consecutive days of gains Pound Sterling finally painted a down-day against the New Zealand Dollar on Tuesday which could signal a temporary ending to the recent strong advance, but technical studies of the pair suggest further gains are ultimately still likely.
August 5,2020
The Pound-to-New Zealand Dollar rate has corrected higher into an improved trading range that could see it lift as far as 2.0 if poor second quarter jobs report on Tuesday elicits more dovish rhetoric or policy action from the Reserve Bank of New Zealand (RBNZ) next week.
August 4,2020
The Pound-to-New Zealand Dollar exchange rate is trading softer at the start of the new week and month at 1.9706, however short-term momentum remains firmly with Sterling bulls and any weakness is likely to be short-lived based on current technical and fundamental setups.
August 3,2020
The Pound-to-New Zealand Dollar exchange rate continues its short-term march higher, with the pair looking on track to secure a seventh successive day of gains should the current 0.40% daily advance hold into the close.
July 31,2020
The New Zealand Dollar has shed further value against the British Pound on Thursday as a sell-off in global stock markets and commodity prices hits 'high beta' currencies such as the Kiwi and the Aussie.
July 30,2020
The Pound-to-New Zealand Dollar exchange rate has now completed four consecutive days of gains, with a 0.66% advance on Tuesday being the largest single-day gain since early June.
July 29,2020
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