The Pound-to-New Zealand Dollar exchange rate is being tipped as a 'buy' target for foreign exchange speculators to target over the short-term, which we see as encapsulating the coming week.
November 18,2019
The New Zealand Dollar was on Thursday seen giving back some of the gains acquired on the mid-week surprise decision by the Reserve Bank of New Zealand to leave interest rates unchanged, however near-term the currency is expected to remain relatively well supported.
November 14,2019
The New Zealand Dollar outperformed its peers on global currency markets in mid-week trade after the Reserve Bank of New Zealand (RBNZ) surprised markets by opting to leave interest rates unchanged.
November 13,2019
The New Zealand Dollar weakened across the board on Tuesday as markets moved to price in a fourth 2019 interest rate cut from the Reserve Bank of New Zealand (RBNZ) although the prospect of a shift in the central bank's policy stance could boost the Kiwi on Wednesday.
November 12,2019
Analysts at New Zealand lender ASB say they see further New Zealand Dollar weakness in the coming week as they expect the Reserve Bank of New Zealand to cut interest rates again on Wednesday.
November 11,2019
Studies of the GBP/NZD charts show the pair is range-trading after hitting a key chart level but that the dominant trend remains bullish and so there is a bias towards more upside.
November 10,2019
The New Zealand Dollar was in recovery mode early in the Wednesday session as investors shrugged off a poor third-quarter jobs report but the nascent upturn could be scuppered next week if the Reserve Bank of New Zealand (RBNZ) responds to the report with an interest rate cut.
November 6,2019
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