The Pound-to-New Zealand Dollar rate was on route to the bottom of its new, lower trading range Friday as the Kiwi erased its coronavirus-related losses, but Sterling is now a target for short-sellers and has further to fall.
June 5,2020
Pound Sterling is another 0.40% lower against the New Zealand Dollar at 1.9502 the time of writing on Thursday, should the exchange rate close in the red at the time of the day's close then the pair will have registered four successive days of negative closes.
June 4,2020
The New Zealand Dollar has overturned its 2020 losses against the Pound and now stands 0.40% higher, courtesy of the strong rally experienced over the course of the past month that could see it overturn losses against other major currencies in the near future.
June 3,2020
The New Zealand Dollar starts the new week and month on a firm footing, advancing against all its major rivals apart from the Australian Dollar amidst an environment of positive investor sentiment.
June 1,2020
The Pound-to-New Zealand Dollar rate was on the back foot Friday as Sterling returned to the bottom of the major currency bucket, furthering a multi-week breakdown into a new, lower trading range although the exchange rate will soon meet with a formidable technical support level that might slow the descent.
May 29,2020
The New Zealand Dollar hit a fresh four month high against Pound Sterling over the course of the past 24 hours, with the Kiwi finding a steady bid amidst an increasingly entrenched global economic recovery story.
May 28,2020
The New Zealand Dollar is forecast to outperform the Australian Dollar over coming days by strategists at a global investment bank, a view which if correct would suggest the potential for outperformance by the Kiwi against other peers such as the Dollar, Euro and Pound.
May 26,2020
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