Other data releases last week provided some encouraging signs for the Kiwi Dollar, with Thursday’s New Zealand Trade Balance figure for December significantly bettering expectations. Foreign Currency Market Update – GBP / NZD Update Last week’s session ended with the New Zealand Dollar bullying the Pound, sending GBP NZD to a new four month low [...]
Exchange Rate Forecasts
Posts Tagged ‘New Zealand Dollar’
Pound to New Zealand Dollar Forecast – The GBP NZD rate has spent the last two weeks range-trading between resistance at 1.9400
Tuesday, January 31st, 2012Pound to New Zealand Dollar Forecast – The GBP NZD rate has held above last Wednesday’s near-term low of 1.9041
Wednesday, January 25th, 2012With the Pound seemingly down on its uppers, thanks to the tame nature of recent UK data releases, clients needing to purchase NZD in the near-term will be hoping for a weakening of the NZD. By John Cameron Foreign Currency Market Update – GBP / NZD Update The GBP NZD exchange rate dipped to 1.9041 [...]
Pound Sterling to New Zealand Dollar Foreign Currency Exchange Rate Forecast – The Kiwi dollar rallied 5% in October
Tuesday, November 15th, 2011By Jon Beddell Foreign Currency Market Update – GBP / NZD Update The Kiwi dollar rallied 5% in October as stock markets rebounded sharply from the late summer sell off. As investors waded back into stocks and riskier assets, demand for safe haven currencies waned, while high yielding currencies came back into vogue benefitting the [...]
Pound Sterling to New Zealand Dollar Foreign Currency Exchange Rate Forecast – Kiwi stabilises as stock markets rebound…
Wednesday, August 24th, 2011By Jon Beddell Foreign Currency Market Update – GBP / NZD Update The Kiwi dollar has been on the back foot since the stock market rout gained momentum in early August. Typically investors sell high yielding assets when fear grips the markets, and this was no exception. The Kiwi currency lost as much as 10% [...]
Foreign Currency Exchange Rate Forecast – Global Stock markets Plunge, Will the Euro Survive?
Friday, August 5th, 2011by Samuel Allen Today’s Currency Exchange Rate News The North Atlantic economies were in turmoil yesterday afternoon with the Dow Jones Index plummeting 4.3%, Gold hit a record high, the Swiss government intervened and slashed their deposit rate to as close to zero as they can go whilst the Japanese intervened on their currency by [...]
Pound Sterling to New Zealand Dollar Foreign Currency Exchange Rate Forecast
Tuesday, May 3rd, 2011By Jon Beddell Foreign Currency Market Update – GBP / NZD Update As the UK effectively ground to a halt over the last two weeks the celebrations were notably absent from the markets as Sterling continued to slide against most of its counterparts. Last week’s main event (aside from the wedding) was the announcement of [...]
Pound Sterling to Australian Dollar Foreign Currency Exchange Rate Forecast – Kiwi surges 8% in four weeks
Thursday, April 14th, 2011By Jon Beddell Foreign Currency Market Update – GBP / NZD Update The Bank of England kept rates on hold at 0.5% last week even as the European Central Bank hiked rates to 1.25%. Expectations of a UK rate hike have receded to June/July at the earliest despite stubbornly high inflation, and those expectations may [...]
Pound Sterling to New Zealand Dollar Foreign Currency Exchange Rate Forecast – Sterling give back recent gains
Wednesday, March 30th, 2011By Jon Beddell Foreign Currency Market Update – GBP / NZD Update Markets have recovered from the severe attack of jitters spawned by the earthquake in Japan. Two weeks ago the only real theme was risk aversion, and traders were voting accordingly, selling stocks and high yielding currencies like the New Zealand Dollar and instead [...]
Sterling Euro & US Dollar Foreign Currency Forecast – The Pound declined significantly against the Australian and New Zealand Dollar
Monday, March 21st, 2011by Adam Solomon Sterling / Euro and US Dollar Following on from last week, the Pound rallied from a low of 1.1481 against the Euro on Thursday and the UK currency also advanced versus the U.S Dollar, after UK stocks bounced back for the first time in six days. The FTSE 100 Index increased 1.4% [...]
Sterling Euro & US Dollar Foreign Currency Forecast – The Pound rallied from a low of 1.1481 against the Euro yesterday
Friday, March 18th, 2011by Adam Solomon Sterling / Euro and US Dollar The Pound rallied from a low of 1.1481 against the Euro in the foreign exchange markets yesterday, while the UK currency also advanced versus the U.S Dollar, after UK stocks bounced back for the first time in six days. The FTSE 100 Index increased 1.4% ahead [...]
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