New Zealand Dollar forecasts for have been lifted at MUFG for 2020 after Kiwi rose by a near-double digit percentage in the final quarter of last year, although analysts at some other firms have told clients the antipodean unit is at risk of a downward correction in the weeks ahead.
January 7,2020
The New Zealand Dollar was on its back foot Thursday but is being tipped to rise against the U.S. Dollar in the months ahead as the global growth outlook stabilises and an uptick in the Kiwi economy enables the Reserve Bank of New Zealand (RBNZ) to avoid further interest rate cuts in the first half of 2020.
December 20,2019
There is a distinct possibility that GBP/NZD does in fact go lower as foreign exchange markets engage in 'buy the rumour, sell the fact' behaviour on the election result.
December 9,2019
The New Zealand Dollar ceded ground to all major rivals Thursday even after a long-awaited Reserve Bank of New Zealand (RBNZ) decision on new regulatory capital requirements came out on the softer side of expectations.
December 5,2019
The downtrend in GBP/NZD has seen the psychologically significant level of 2.0 broken, and the prospect for further losses is elevated.
December 2,2019
The Pound was bottom of the barrel of major currencies Tuesday and the New Zealand Dollar riding high as investors dumped the British currency in response to the latest pre-election polls while bidding the Kiwi higher in the wake of a strong retail sales report that sent rate cut speculators into retreat.
November 26,2019
There is potential for a short-term break higher in the Pound-to-New Zealand Dollar exchange rate, according to the latest technical analysis conducted by Autochartist.
November 25,2019
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