The Pound-to-New Zealand Dollar rate spiked Thursday on better-than-expected UK economic figures but with voodoo monetary policy becoming fashionable at the Bank of England (BoE) as well as Reserve Bank of New Zealand (RBNZ), fresh losses could be just around the corner.
May 21,2020
The New Zealand Dollar is the best performing major currency of the day as markets rapidly scale back expectations that the country's central bank could introduce negative interest rates to help float the economy.
May 20,2020
The Pound-to-New Zealand Dollar rate slipped Tuesday as the Kiwi outperformed while Sterling lagged its antipodean counterparts, continuing a trend that threatens to progressively sink the exchange rate in the absence of further action from the Reserve Bank of New Zealand (RBNZ).
May 19,2020
Pound Sterling's recent retreat against the New Zealand Dollar is likely to extend over the course of coming days, according to technical readings of the market and an assumption that the current recovery in global markets and commodity prices extends.
May 18,2020
The Pound-New Zealand Dollar rate is in the process of topping out and could soon target the 200-day average while risking a move below it despite the Reserve Bank of New Zealand (RBNZ) dealing a blow to the Kiwi this week.
May 15,2020
The New Zealand Dollar was left reeling by the Reserve Bank of New Zealand (RBNZ) Wednesday after the lender of last resort doubled the size of its government bond buying programme, ending a weeks-long Kiwi rally and prompting a short-term Pound-New Zealand Dollar rate spike in the process.
May 13,2020
The New Zealand Dollar could draw scrutiny from the Reserve Bank of New Zealand (RBNZ) in the early hours of Wednesday after a strong comeback from its March losses, which might offer the beleaguered Pound-New Zealand Dollar rate some short-lived respite mid-week
May 12,2020
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