New Zealand Dollar forecast page 8 - nzd new zealand dollar nz dollar nzd dollar

The POUND STERLING has struggled to gain any ground against the other major currencies so far today. This morning’s UK CPI inflation data showed at the expected annualised 2.7% level – anything less than this would have placed pressure on the UK tender. The next significant risk event of note comes on Friday in the form of December’s...

Sterling endured a mixed day in the currency markets yesterday, initially recording pronounced losses against the Australian and Kiwi Dollars. An encouraging set of new car sale data, released by the SMMT yesterday morning, showed that British new car sales had reached their highest level since 2008 last year, providing some reason for...

This morning brought more glum news for UK economic participants in the form of the latest Halifax House Price survey. The closely-watched gauge of the state of Britain’s housing sector concluded that the average UK house price dipped by 0.3% during 2012. The market is expected to remain subdued throughout this year, with no alteration to...

As 2013 gets underway, appetite for risk amongst institutional investors is showing signs of making a concerted comeback. The major factor causing market participants to shun safe haven assets and get involved in risk-laden investments once more has been the considerable progress made by US lawmakers in their attempt to avoid a potentially...

This morning’s finalised UK GDP data for Q3 showed that Britain’s beleaguered economy expanded by a lower-than-anticipated 0.9% in the three months to the end of September. The latest UK public sector borrowing figures, released at the same time, provided further cause for concern, revealing that the British government’s public sector...

Today marks the final day of the ‘long count’ calendar used by the ancient Mayan civilisation, leading doom-mongers across the globe to prophesy the end of the world as we know it. While movements in Asia’s equities markets during the overnight session did little to lend this theory credence, (Hong Kong lost a little ground, while Tokyo...

A dismal set of Bank of England minutes, released earlier today, has kept the lid on any gains which Sterling was able to make against the high-yielding Australian and New Zealand Dollars on the day. This has meant that, in spite of selling pressure on the ‘Aussie’ and ‘Kiwi’, GBP AUD and GBP NZD have only managed to gain around 0.5%...

Sentiment towards the US Dollar ebbed and flowed during yesterday’s session in the currency markets in time with investors’ feelings on the likelihood of a timely resolution to the long-running discussions between Republican and Democrat lawmakers in the US. A failure to reach a compromise on the world’s leading economy’s budget would...

On the face of it, this morning’s session in the currency markets should have been a positive one for Sterling. The latest UK unemployment figures provided grounds for optimism that Britain’s beleaguered economy may at last be showing signs that it has turned a corner. The Office of National Statistics revealed that the overall level of...

The EURO received a boost earlier today when the latest German ZEW sentiment survey showed at a positive reading of 6.9 versus last month’s negative 15.7 print. The development sent the GBP EUR exchange rate down to 1.2399 by the middle part of today’s European session. Further downside would appear possible for the pair if tomorrow’s...