The New Zealand Dollar slumped Thursday after an influential survey showed business confidence falling to a fresh post-crisis low during August, placing a question mark over the likely pace of growth in the second-half of the year and adding weight to claims the Reserve Bank of New Zealand may soon cut interest rates.
August 30,2018
The New Zealand Dollar has fallen as low as it is likely to go and could recover steadily over coming months, according to multiple analysts covering the currency, although mounting fears of a possible interest rate cut mean the currency will remain a developed world "underperformer".
August 29,2018
From a technical perspective the exchange rate is trading in a range, resembling a triangle pattern and although it has been directionless for several months now, a volatile period is promised fairly soon.
August 28,2018
The New Zealand reached a key 'make-or-break' technical level against the US Dollar Wednesday but chart signals of what might happen next are mixed, analysts are pessimistic in their outlook and the Kiwi's fundamentals are weak.
August 22,2018
The Pound-to-New Zealand-Dollar rate remains stuck in a tight range but the formation of a narrowing triangle pattern on the charts suggests a breakout is now in the cards.
August 20,2018
The New Zealand Dollar has recovered from two-year lows strongly this week in response to signs of a "trade war" detente between the US and China, but analysts from Bank of New Zealand (BNZ) say it could have further to run in the months ahead.
August 17,2018
The Pound may rise against the New Zealand Dollar over the short-term because charts are showing the formation of a bullish set-up.
August 15,2018
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