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The Pound to New Zealand Dollar exchange rate has unraveled much of its July rally in recent trade but the author's model suggests it's likely to stabilise above 2.11 in the week ahead, with any rallies fading once near or above 2.14.
August 12,2024
The New Zealand Dollar struggled for traction against the US Dollar and Pound on Thursday but could perform better in the week ahead as the market rethinks the outlook for Kiwi interest rates, according to ANZ Research.
August 8,2024
The New Zealand dollar rallied strongly on Wednesday, driving GBP/NZD back to one-month lows and some key support levels on the charts, following a better-than-expected second quarter labour market report.
August 7,2024
The Pound to New Zealand dollar exchange rate has receded from post-pandemic highs but the author’s model suggests it should remain supported above 2.14, and that it could have scope to rise back above 1.16 up ahead.
August 6,2024
The New Zealand Dollar's selloff has gone far enough, say strategists at HSBC, who close a sell recommendation.
July 30,2024
In our previous edition of the Week Ahead Forecast, we opined that the Pound to the New Zealand Dollar was due to a pullback from notably overbought conditions.
July 29,2024
The New Zealand Dollar can stay under pressure if the odds for an August interest rate cut at the Reserve Bank of New Zealand (RBNZ) continue to rise.
July 26,2024
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