GBP/NZD is trending lower in the short term and the next target is seen at approximately 2.04; however, a strong UK PMI reading on Thursday could frustrate the move.
February 22,2024
The New Zealand Dollar has been weighed down by various factors of late, but new analysis from Commerzbank says "things could start to look better in the coming months".
February 16,2024
The New Zealand Dollar gave back some of its recent gains following the release of a survey showing a decline in inflation expectations, which lowered the odds of another Reserve Bank of New Zealand interest rate cut.
February 13,2024
GBP/NZD finding support at 50-day moving average, but, more broadly, technicals are breaking down as RBNZ rate hike bets rise.
February 12,2024
The New Zealand Dollar continues to outperform as currency markets price in a further interest rate rise at the Reserve Bank of New Zealand following this week's strong labour market data.
February 9,2024
According to analysts at one of New Zealand's biggest banks, the Reserve Bank of New Zealand could raise interest rates again this month following strong labour market numbers.
February 7,2024
The Pound to New Zealand Dollar exchange rate can edge higher over the coming days owing to a broadly constructive technical setup and a difficult global backdrop.
February 5,2024
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