The GBP/NZD exchange rate is trading at 1.9296 at the time of writing, having fallen at the start of the new week amidst a broad-based Pound Sterling sell-off. However, studies of the charts suggest that the exchange rate will probably continue rising over the next five days as recent declines are not yet great enough to damage a constructive short-term technical setup.
June 18,2019
A key survey of New Zealand business suggests the country's economy is rapidly slowing, leading markets to bet the Reserve Bank of New Zealand will have to cut interest rates yet further.
June 14,2019
The New Zealan Dollar is still carrying a 2019 loss against the U.S. Dollar and Pound Sterling but the Kiwi currency might find support over the coming weeks if some analysts at Standard Chartered are right in their forecasts for the economy and central bank.
June 12,2019
The GBP/NZD exchange rate is trading at around 1.9109 at the start of the new week, after falling over a percentage point in the week before. Studies of the charts suggest that the exchange rate is set to fall marginally before plateauing in the next five days.
June 9,2019
The New Zealand Dollar was riding high at the top of the G10 league table Wednesday after depute Reserve Bank of New Zealand (RBNZ) governor Christian Hawkesby said that Kiwi interest rates are likely to remain at current levels for the foreseeable future.
June 5,2019
The New Zealand Dollar has received a pasting this year but its fortune could now be turning for the better because, even with the market fearing another interest rate cut, analysts are forecasting a recovery and telling their clients to buy the currency.
June 4,2019
The Pound-to-New-Zealand-Dollar rate was trading around 1.9310 at the start of the new week, about a cent lower from the previous close, but studies of the charts suggest the exchange rate is set to continue its downtrend in the days ahead.
June 3,2019
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