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

Pound New Zealand Dollar (GBP/NZD) Exchange Rate Trends Lower in Spite of Smaller UK Retail Sales Contraction

18 Dec 2020 at 2 PM - Written by Frank Davies

Better-than-Expected UK Retail Sales Fail to Support Pound New Zealand Dollar Exchange Rate A smaller-than-expected decline in UK retail sales growth was not enough to keep the Pound to New Zealand Dollar (GBP/NZD) exchange rate from losing traction ahead of the weekend. While sales growth contracted -3.8% on the month, reflecting the...

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Pound to New Zealand Dollar (GBP/NZD) Exchange Rate Plummets as Brexit No-Deal Odds Rise

10 Dec 2020 at 4 PM - Written by John Cameron

GBP/NZD Exchange Rate Sinks as Brexit Talks Fail to Progress The Pound to New Zealand Dollar (GBP/NZD) exchange rate plummeted by -1.3% today, with the pairing currently fluctuating around NZ$1.880. The Pound (GBP) struggled today after last night’s crunch talks between Prime Minister Boris Johnson and the European Commission’s...

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Pound to New Zealand Dollar (GBP/NZD) Exchange Rate Falls as New Zealand ‘Relatively Resistant’ to Covid-19 Shock

26 Nov 2020 at 4 PM - Written by John Cameron

GBP/NZD Exchange Rate Dips as New Zealand Economic Situation Remains Strong The Pound to New Zealand Dollar (GBP/NZD) exchange rate fell by -0.2% today, with the pairing currently trading around NZ$1.905. The New Zealand Dollar (NZD) rose today following news that New Zealand’s economy had absorbed some of the shock of the coronavirus...

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Pound New Zealand Dollar (GBP/NZD) Exchange Rate Rallies in Spite of NZ Retail Sales Resurgence

23 Nov 2020 at 5 PM - Written by Frank Davies

Strong NZ Retail Sales Fail to Dent Pound New Zealand Dollar Exchange Rate The Pound to New Zealand Dollar (GBP/NZD) exchange rate rallied at the start of the week in spite of an unexpectedly strong rebound in the third quarter New Zealand retail sales data. Although sales rose 28% on the quarter this was not enough to give the New...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP to NZD Exchange Rate Near Month and a Half Worst as RBNZ Optimism Keeps ‘Kiwi’ Strong

11 Nov 2020 at 5 PM - Written by John Cameron

Despite a rise in demand for the Pound this week, the British Pound to New Zealand Dollar (GBP/NZD) exchange rate has been trending lower as the New Zealand Dollar capitalises on this week’s market moods. Not only is the New Zealand Dollar benefitting from global political and coronavirus optimism, but the Reserve Bank of New Zealand (RBNZ)...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound New Zealand Dollar (GBP/NZD) Exchange Rate Rallies in Spite of BoE’s Quantitative Easing Expansion

5 Nov 2020 at 4 PM - Written by Frank Davies

Bank of England’s Monetary Loosening Fails to Drive Down Pound New Zealand Dollar Exchange Rate Reaction to the Bank of England’s (BoE) November policy announcement helped to push the Pound Sterling to New Zealand Dollar (GBP/NZD) exchange rate higher on Thursday. Even though the central bank announced an expansion of its...

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Pound New Zealand Dollar (GBP/NZD) Exchange Rate Slumps as Initial UK-EU Trade Talks Optimism Fades

22 Oct 2020 at 12 PM - Written by Frank Davies

Hopes of UK-EU Trade Deal Fails to Extend Pound New Zealand Dollar Exchange Rate Gains After hitting a six-week high in response to improved chances of a UK-EU trade deal the Pound Sterling to New Zealand Dollar (GBP/NZD) exchange rate returned to a weaker footing. While the two sides returned to the negotiating table the Pound was...

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GBP to NZD Exchange Rate Struggles to Gain as New Zealand Election Boosts ‘Kiwi’

19 Oct 2020 at 5 PM - Written by James Fuller

Despite concerns that the UK government has said it has walked away from UK-EU Brexit negotiations, the British Pound to New Zealand Dollar (GBP/NZD) exchange rate has avoided losses today. Still, unlike other Pound pairings the pair has not seen particularly noteworthy gains. This is because the New Zealand Dollar is being boosted by a...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP to NZD Exchange Rate Movement Limited Ahead of New Zealand General Election

16 Oct 2020 at 12 PM - Written by Tim Boyer

Investors are hesitant to move too much on the British Pound to New Zealand Dollar (GBP/NZD) exchange rate today, as markets await potentially major Brexit developments as well as the weekend’s New Zealand General Election. While an extension to UK-EU Brexit negotiations is widely expected and the New Zealand General Election is expected to...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound New Zealand Dollar (GBP/NZD) Exchange Rate Rallies Sharply as BoE Dismisses Negative Interest Rates

28 Sep 2020 at 3 PM - Written by Frank Davies

The Pound to New Zealand Dollar (GBP/NZD) exchange rate benefitted from comments made by Bank of England (BoE) deputy governor Dave Ramsden. As Ramsden talked down the possibility of negative interest rates this offered a rallying point to the Pound, with fears of a potential rate cut fading. This helped to undo the impact of earlier...

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