The GBP NZD’s major downtrend continues. This move was instigated in October 2008, when appetite for risk drained from global markets, in the wake of the credit crisis. Foreign Currency Market Update – GBP / NZD Update The New Zealand Dollar once again performed strongly in the currency markets last week, sending the GBP NZD [...]
New Zealand Dollar Exchange Rate Forecasts
GBP-NZD Update Category
Pound to New Zealand Dollar Exchange Rate Forecast – The New Zealand Dollar once again performed strongly in the currency markets
Monday, February 6th, 2012Pound 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, 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 [...]
Pound 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% [...]
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 [...]
Pound Sterling to New Zealand Dollar Foreign Currency Exchange Rate Forecast – Sterling hits one year high…
Thursday, March 17th, 2011by Jon Beddell Foreign Currency Market Update – GBP / NZD Update The natural disaster in Japan has sent shock waves through the world’s financial markets, sending investors scurrying in search of so called “safe haven” assets. Predictably, this meant traders selling out of the already embattled New Zealand dollar, and reverting instead to the [...]
New Zealand Dollar Foreign Currency Exchange Rate Forecast – Worse than expected contraction in the UK economy
Thursday, March 3rd, 2011by Jon Beddell Foreign Currency Market Update – GBP / NZD Update The revised estimate of fourth quarter GDP showed a worse than expected contraction in the UK economy, 0.6% instead of the 0.5% originally announced. Investors were more focussed on the inflation and interest rate theme, which has seen expectations for a rate hike [...]
New Zealand Dollar Foreign Exchange Rate Forecast – Sterling surges…
Tuesday, January 11th, 2011by Jon Beddell Foreign Currency Market Update – GBP / NZD Update It was a combination of factors that sparked the initial bout of Kiwi dollar weakness over New Year. The floods in Queensland were starting to hit the news wires, impacting the Aussie dollar and dragging the Kiwi with it, but other high yielding [...]
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