The New Zealand Dollar will fall to its lowest level in more than a decade before the end of 2019, according to the latest forecasts from Australia & New Zealand Banking Group (ANZ), while the Pound-to-Kiwi rate is forecast to rise almost 5%.
January 30,2019
The Pound has opened the week softer against the New Zealand Dollar but our technical studies of the GBP/NZD exchange rate suggest it is likely to maintain a positive tone over the short-term.
January 28,2019
Foreign exchange strategists at NAB have revised their forecasts for the New Zealand Dollar in the new year, and show the Pound should climb above the 2018 highs (at 2.04) and reach 2.08 in 2019 - a level not seen since 2015.
January 24,2019
The New Zealand Dollar is outperforming rivals in mid-week trade on the back of some stronger-than-forecast inflation numbers and improved investor sentiment on global markets.
January 23,2019
The Pound is forecast to maintain a bullish trend against the New Zeland Dollar in the near-term, but we are wary the exchange rate capitulates back into the medium-term downtrend that has commanded this pair since August 2018.
January 20,2019
Currencies that are sensitive to the Chinese economy, such as the Australian and New Zealand Dollars, as well as emerging market (EM) currencies, are likely to perform well, “in the next few months” says State Street Global Advisors CIO.
January 18,2019
The New Zealand Dollar will rise gently this year as the U.S. Federal Reserve moves to the sidelines and investors rediscover their appetite for risk assets like the Kiwi, according to analysts at BNZ, a part of National Australia Bank.
January 17,2019
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