The New Zealand Dollar was weaker on Wednesday after the May Australia & New Zealand Banking Group (ANZ) business confidence survey and latest Reserve Bank of New Zealand (RBNZ) financial stability report served markets with a reminder of the challenges ahead for the Kiwi currency.
May 29,2019
The Kiwi Dollar advanced against rivals early in the new week but the going could become tougher from Tuesday onward if the Reserve Bank of New Zealand (RBNZ) financial stability report augurs fresh speculation of further interest rate cuts to come, and if U.S.-China trade tensions flare up again.
May 28,2019
From a technical outlook perspective, GBP/NZD is now in an established downtrend which started at the beginning of May. Given the old adage that the ‘trend is your friend,’ this downtrend is seen as biased to continue.
May 27,2019
The New Zealand Dollar hit a new low Wednesday after the first-quarter retail sales report was unable to arrest the decline in the currency but, with one eye on rising milk prices, local analysts are turning bullish in their outlook for the Antipodean unit.
May 22,2019
The GBP/NZD exchange rate is trading at 1.9499 at the time of writing, considerably lower than the 1.97s it was trading at at the beginning of the previous week.
May 20,2019
"Last week closed as a bearish pin-bar reversal which is a sign we are eventually going to go down" - Robert Colville on the Pound / New Zealand Dollar outlook.
May 16,2019
The New Zealand Dollar will underperform all of its G10 rivals other than the U.S. greenback in 2019, according to the latest forecasts from Morgan Stanley and J.P.
Morgan, as domestic and international pressures conspire against the Kiwi unit.
May 16,2019
Page 93 of 171
