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Daily Exchange Rate Forecasts & Currency News

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A round up of the latest New Zealand Dollar forecast news items from the Currency News desk.

GBP NZD Exchange Rate Rises as Conservative-DUP Deal is Signed

26 Jun 2017 at 1 PM - Written by Toni Johnson

Sterling’s recent advance still leaves GBP in a weak position, having only posted the best rate since June 21st. Pound Heads Up after DUP Deal is Finally Agreed The GBP NZD exchange rate has advanced today, thanks to a long-awaited government announcement. The Conservatives and Democratic Unionist Party (DUP) have finally reached...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP to NZD Exchange Rate Tumbles Towards 2-Month-Low on RBNZ News

22 Jun 2017 at 12 PM - Written by Ben Hughes

This week’s Bank of England (BoE) news has left the British Pound to New Zealand Dollar exchange rate volatile, as investors wonder whether or not to bet on a 2017 UK interest rate hike. The New Zealand Dollar’s strength has kept GBP/NZD near its worst levels however. After opening this week at the level of 1.7625, GBP/NZD dropped and...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP NZD Exchange Rate Soars after BoE Dove Hints at 2017 Interest Rate Hike

21 Jun 2017 at 1 PM - Written by Toni Johnson

Sterling’s sharp rise against the New Zealand Dollar has been triggered by a statement from Andy Haldane, a long-time dovish BoE Monetary Policy Committee (MPC) voter. Change of Heart from BoE’s Haldane Triggers GBP Advance Although Wednesday had opened with traders focusing on the Queen’s speech, a more recent event had pushed up...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP NZD Exchange Rate Slips as UK Real Incomes Shrink

14 Jun 2017 at 12 PM - Written by Toni Johnson

The latest UK news has concerned traders, leading to a drop to 1.7562 in the GBP NZD exchange rate. The UK data, covering average earnings in April, has combined negatively with Tuesday’s UK inflation rate figures. Annual inflation rose to 2.9% in May, while recent wage growth figures have remained far beneath this level. With...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP NZD Exchange Rate Trends Higher Despite Slowing UK Services PMI

5 Jun 2017 at 1 PM - Written by Frank Davies

May’s UK services PMI proved a disappointing start to the week, although not enough to prevent the Pound New Zealand Dollar exchange rate holding onto a modest uptrend. While the index slowed from 55.8 to 53.8 the sector nevertheless remains in a solid state of growth, even though political uncertainty has weighed on growth in recent...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP NZD Exchange Rate Nosedives as Conservative Poll lead Narrows

26 May 2017 at 2 PM - Written by John Cameron

The Pound New Zealand Dollar (GBP NZD) exchange rate plummeted over a cent in early trading today as the Conservatives lead narrow in polls again. According to the most recent YouGov poll Labour is now only 5 points behind the Conservatives, greatly narrowing the 24 point lead the Tories enjoyed at the start of the race. This is an even...

CATEGORIES: Daily Currency Updates New Zealand Dollar Forecasts

GBP NZD Exchange Rate Rallies as Industrial Orders Surge

19 May 2017 at 2 PM - Written by Frank Davies

The Pound New Zealand Dollar (GBP NZD) exchange rate leapt to a new weekly high this morning as UK factory orders printed higher than expected last month According to data released by the Confederation of British Industry (CBI) Britain’s industrial orders balance rose from 4 to 9 in April, beating expectations that they would remain...

CATEGORIES: Daily Currency Updates Pound New Zealand Dollar Forecasts

GBP NZD Exchange Rate Slumps on Fresh Fears of Hard Brexit

8 May 2017 at 4 PM - Written by Ben Hughes

Sterling has traded at 1.87 against the New Zealand Dollar, down from a rate of 1.88 on May 7th. The only UK economic news on Monday has covered house prices; the Halifax price index reprinted growth on the year but showed no monthly change. More impactful has been the French Presidential election, which concluded with a landslide...

CATEGORIES: Currency Predictions Pound New Zealand Dollar Forecasts

GBP to NZD Exchange Rate Recovers from Lows on UK Data

3 May 2017 at 1 PM - Written by John Cameron

While the Pound put in a strong Tuesday recovery against most major rivals, the Pound to New Zealand Dollar exchange rate has trended more closely to its weekly lows this week due to strong New Zealand data and improving commodity news. GBP/NZD began the week trading at the level of 1.8860, but fell for the first half of the week. By...

CATEGORIES: Currency Predictions Pound New Zealand Dollar Forecasts

GBP to NZD Exchange Rate Surges to New 2017 Highs

26 Apr 2017 at 2 PM - Written by David Woodsmith

An increase in risk-sentiment at the beginning of this week didn’t last long, as news from the US and underwhelming commodity trade made markets quickly risk-averse again. As a result, the Pound to New Zealand Dollar exchange rate has easily advanced. GBP/NZD began this week trading at the level of 1.82. On Tuesday the pair soared and by...

CATEGORIES: Currency Predictions Pound New Zealand Dollar Forecasts