Weak Chinese Industrial Production data added to the ‘risk-off’ trading environment during last Friday’s Asian session. Foreign Currency Market Update – GBP / NZD Update The Pound has been in bullish mood against the New Zealand Dollar since the middle part of April and the GBP NZD exchange rate continued in its uptrend during last [...]
New Zealand Dollar Exchange Rate Forecasts
GBP-NZD Update Category
Pound to New Zealand Dollar Exchange Rate Forecast – The Pound has been in a bullish mood against the New Zealand Dollar
Monday, May 14th, 2012Weaker than anticipated New Zealand labour market figures, released in the middle part of last week’s session, caused pronounced selling pressure on the Kiwi Dollar.
Tuesday, May 8th, 2012Weaker than anticipated New Zealand labour market figures, released in the middle part of last week’s session, caused pronounced selling pressure on the Kiwi Dollar. Foreign Currency Market Update – GBP / NZD Update Weaker than anticipated New Zealand labour market figures, released in the middle part of last week’s session, caused pronounced selling pressure [...]
Price action for GBP NZD during last week’s session was dictated by two data releases on opposite sides of the world
Monday, April 30th, 2012Weak New Zealand Trade figures for March, released last night, have seen the Kiwi start this week on the back foot once again. Foreign Currency Market Update – GBP / NZD Update Price action for GBP NZD during last week’s session was dictated by two data releases on opposite sides of the world. Wednesday evening [...]
Sterling has continued its march forward against the Kiwi Dollar in recent sessions
Monday, April 23rd, 2012This week’s session looks set to be dominated by two key data sets, with Wednesday bringing the release of initial UK GDP figures for Q1 and the latest Reserve Bank of New Zealand interest rate decision. Foreign Currency Market Update – GBP / NZD Update Sterling has continued its march forward against the Kiwi Dollar [...]
The GBP NZD exchange rate dropped to 1.9170
Tuesday, April 17th, 2012The GBP NZD exchange rate has been firmly entrenched in a tight trading range between 1.9000 and 1.9600 for virtually the whole of the past ten weeks. Foreign Currency Market Update – GBP / NZD Update The GBP NZD exchange rate dropped to 1.9170, its lowest level since 19th March, as last week’s session in [...]
The Pound struggled to assert itself against a resilient New Zealand Dollar
Tuesday, April 10th, 2012The old market adage states that ‘what should go up and doesn’t go up, can only come down’. Foreign Currency Market Update – GBP / NZD Update The Pound struggled to assert itself against a resilient New Zealand Dollar during last week’s session in the currency markets. The GBP NZD exchange rate started the week [...]
The New Zealand Dollar traded within a tight trading range against the Pound
Monday, April 2nd, 2012The GBP NZD exchange rate could head back down towards mid-February’s near-term low of 1.8634. Foreign Currency Market Update – GBP / NZD Update In the absence of any tier one New Zealand data releases, the New Zealand Dollar traded within a tight trading range against the Pound during last week’s session. The GBP NZD [...]
The GBP NZD exchange rate jumped to 1.9673 during last week’s session
Monday, March 26th, 2012The Kiwi Dollar recovered its poise toward the end of last week, as global share markets once again improved. Foreign Currency Market Update – GBP / NZD Update The GBP NZD exchange rate jumped to 1.9673 during last week’s session; this was the pair’s highest level since the second week of 2012. The forward move [...]
The NZD ended the week on a firm footing
Monday, March 19th, 2012The GBP NZD rapidly retraced back down towards the 1.9000 level following Wednesday’s brief spike upwards. Foreign Currency Market Update – GBP / NZD Update A very light schedule of New Zealand data releases last week left the Kiwi Dollar at the mercy of ebbs and flows in global investor sentiment. This caused considerable intra-week [...]
There has been considerable volatility for the GBP NZD exchange rate over the past seven days
Monday, March 12th, 2012This 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, [...]
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