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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 Tight after UK Trade Surplus Hits Record High, Article 50 Debate Continues

21 Feb 2017 at 4 PM - Written by John Cameron

The British Pound to New Zealand Dollar exchange rate was able to limit its losses on Wednesday afternoon after UK growth results disappointed investors earlier in the day. Demand for risky currencies like the ‘Kiwi’ faded on Wednesday afternoon as investors awaited the publication of the Federal Reserve’s latest minutes report....

CATEGORIES: Currency Predictions Daily Currency Updates Pound New Zealand Dollar Forecasts

GBP NZD Exchange Rate to Trend Lower Ahead of RBNZ Decision

7 Feb 2017 at 4 PM - Written by Tim Boyer

The British Pound to New Zealand Dollar exchange rate continued to trend relatively flatly throughout Wednesday afternoon. While the Pound slipped from its best levels later in the day, the weak ‘Kiwi’ was unable to capitalise. Demand for the Pound faded ahead of the UK Parliament’s final vote on Article 50, while the New Zealand...

CATEGORIES: Currency Predictions Pound New Zealand Dollar Forecasts Pound Sterling Forecasts

GBP/NZD Weakens on Reports of Business Brexit Damage

6 Feb 2017 at 12 PM - Written by Frank Davies

The British Pound to New Zealand Dollar exchange rate slightly narrowed its losses on Tuesday afternoon due to hawkish comments from Bank of England (BoE) policymaker Kristin Forbes. While the Pound was supported by Forbes’ claim that the UK economy may soon need to be supported by a BoE interest rate hike, the currency still lost out...

CATEGORIES: Currency Predictions Daily Currency Updates Pound New Zealand Dollar Forecasts

Pound Sterling New Zealand Dollar Exchange Rate Boosted by Higher NZ Unemployment Rate

1 Feb 2017 at 3 PM - Written by David Woodsmith

January’s UK Construction PMI proved disappointing on Thursday morning, leaving the Pound to New Zealand Dollar exchange rate trending lower around 1.7326 as signs continued to point towards rising inflationary pressure. Even so, if the BoE Inflation Report proves to be more hawkish in tone this could see Sterling rally later in the...

CATEGORIES: Currency Predictions New Zealand Dollar Forecasts Pound Sterling Forecasts

GBP NZD Exchange Rises as MPs Plan to Scrutinise Governments Brexit Strategy

25 Jan 2017 at 4 PM - Written by Frank Davies

The British Pound to New Zealand Dollar exchange rate advanced on Thursday afternoon, though the pair failed to maintain the weekly highs seen in the morning. After its relatively strong movement for most of the week, the New Zealand Dollar weakened on Thursday as risk-seeking traders looked to stocks instead of commodity-correlated...

CATEGORIES: Currency Predictions Daily Currency Updates New Zealand Dollar Forecasts

GBP NZD Exchange Slips after Brexit Speech Spike

18 Jan 2017 at 1 PM - Written by James Fuller

The British Pound to New Zealand Dollar exchange rate slipped on Thursday afternoon, as demand for risk-correlated currencies remained high. With the inauguration of Donald Trump as the next US President approaching, investors have been expressing their disappointment with his lack of economic rhetoric in recent weeks by indulging in...

CATEGORIES: Daily Currency Updates Pound New Zealand Dollar Forecasts

Brexit Fears Send GBP NZD Exchange Rate to 2-Month Low

13 Jan 2017 at 11 AM - Written by Toni Johnson

The Pound to New Zealand Dollar exchange rate fell on Thursday as Brexit jitters returned once the UK government announced that Prime Minister Theresa May’s Brexit speech would take place this coming Tuesday. The ‘Kiwi’ held firm on lasting risk-sentiment. GBP/NZD began the week trending at the level of 1.7662 and as of Friday...

CATEGORIES: Pound New Zealand Dollar Forecasts

Conflicting UK Data Releases Leave Investors Wary of UK Currency, GBP NZD Exchange Rate Crashes

11 Jan 2017 at 10 AM - Written by Frank Davies

The Pound to New Zealand Dollar exchange rate continued to trend near the week’s worst levels on Thursday afternoon and is unlikely to recover by the end of the week due to a lack of incoming UK news. The anticipated decision date of the UK Supreme Court is expected to be made at least three working days before judgement is confirmed and...

CATEGORIES: Daily Currency Updates Pound New Zealand Dollar Forecasts

GBP/AUD, GBP/NZD Exchange Rates Mixed after Fed Predicts Three 2017 Rate Hikes

15 Dec 2016 at 4 PM - Written by Tim Boyer

The Pound spiked against the Australian Dollar and New Zealand Dollar on Friday afternoon as investors continued to readjust their positions on the risky antipodean currencies following the Fed’s surprisingly hawkish outlook this week. Commodity prices remained decent and US data from the day was largely disappointing. However, as...

CATEGORIES: New Zealand Dollar Forecasts Pound Australian Dollar Forecasts

Pound Sterling (GBP) Slips Against NZD, CAD and AUD on Brief Risk Rally

25 Nov 2016 at 12 PM - Written by John Cameron

The Pound slipped against the Australian Dollar and New Zealand Dollar on Friday morning as risk traders finally indulged on this week’s strong commodity news. However, worries of the effectiveness of OPEC’s oil output cap deal weighed on the oil-correlated Canadian Dollar. GBP/AUD had lost almost all of its weekly gains by Friday...

CATEGORIES: Australian Dollar Forecasts Canadian Dollar Forecasts Pound New Zealand Dollar Forecasts