We have seen a momentous technical change in the trend of the Pound-to-New Zealand Dollar exchange rate after it finally broke out of the narrow range it had been trapped in since November last year.
September 17,2018
The New Zealand Dollar was again on the back foot Friday and has spent much of the recent week hugging a three-year low but further losses will be limited, according to RBC Capital Markets strategists, who say clients of the bank should look for opportunities to "get long".
September 14,2018
GBP/NZD has now broken out of a tight range between 1.85 and 1.98 which it was trapped in since November 2017.
September 9,2018
New Zealand exporters should consider 'dropping the hedge' on NZD/USD exposure now interest rates are no longer in their favour and the 'free lunch' premium they used to enjoy on forward rates has inverted, says BNZ Bank.
September 7,2018
The Pound-to-New Zealand Dollar exchange rate has risen to touch the ceiling of the narrow range it has been oscillating in since December last year, and is now threatening to breakout higher.
September 6,2018
The New Zealand Dollar appears to be a broad-based underperformer and appears to be showing a sympathy with emerging market assets which are taking a beating while some good news on Brexit has allowed GBP/NZD to move sharply higher.
September 5,2018
GBP/NZD gets a boost from progress on Brexit deal and poor NZD confidence data and the pair now back above 1.95 but still trapped in range. The main release for the Pound is PMI whilst for NZD diary prices could figure highly.
September 2,2018
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