This week’s session sees a light schedule of data releases in both New Zealand and the UK, so levels on GBP NZD are likely to be determined by investor sentiment. Foreign Currency Market Update – GBP / NZD Update There has been considerable volatility for the GBP NZD exchange rate over the past seven days, [...]
Exchange Rate Forecasts
Posts Tagged ‘New Zealand Dollar’
There has been considerable volatility for the GBP NZD exchange rate over the past seven days
Monday, March 12th, 2012The GBP NZD exchange rate is showing signs that it is awakening from its recent slumber
Monday, March 5th, 2012Looking ahead to this week, the Reserve Bank of New Zealand and the Bank of England are expected to maintain interest rates at 2.50% and 0.50% respectively. Foreign Currency Market Update – GBP / NZD Update As this week’s session in the currency markets gets underway, the GBP NZD exchange rate is showing signs that [...]
The Pound has looked down and on the verge of being counted out against a strong Kiwi Dollar
Monday, February 27th, 2012The GBP NZD exchange rate has tested higher several times since its near-term low of 1.8634. Foreign Currency Market Update – GBP / NZD Update For much of the past month, the Pound has looked down and on the verge of being ‘counted out’ against a strong Kiwi Dollar. However, last week’s session saw Sterling [...]
Sterling has once again struggled to assert itself against the New Zealand Dollar over the last seven days
Monday, February 20th, 2012The pair convincingly broke down through February 3rd’s 6-month low of 1.8851 and traded to within a whisker of last August’s multi-year low of 1.8546. Foreign Currency Market Update – GBP / NZD Update Sterling has once again struggled to assert itself against the New Zealand Dollar over the last seven days, seeing the GBP [...]
GBP CAD’s recovery has continued over the past week
Tuesday, February 14th, 2012The GBP CAD rate remains delicately poised. Data releases take on added significance in such a situation, so this week’s session could be a tale of two sets of inflation figures. Foreign Currency Market Update – GBP / CAD Update GBP CAD’s recovery, following its near-term low of 1.5545, which it broke down to in [...]
The GBP NZD rate has spent the last two weeks range-trading between resistance at 1.9400
Tuesday, January 31st, 2012Other 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 [...]
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 [...]
© TorFX. Unauthorised copying or re-wording of this blog content is prohibited. The copyright of this content is owned by Tor Currency Exchange Ltd. Any unauthorised copying or re-wording will constitute an infringement of copyright.
Archives
- 2012: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
- 2011: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
- 2010: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
- 2009: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
- 2008: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
- 2007: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
- 2006: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
- 2005: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
