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

GBP to NZD Exchange Rate Struggles to Gain as Markets Await New Zealand Growth Report

16 Sep 2020 at 4 PM - Written by Tim Boyer

Despite the Pound’s attempts to recover against many major currencies this week, the British Pound to New Zealand Dollar (GBP/NZD) exchange rate has been unable to advance much. The New Zealand Dollar is benefitting from higher market demand for currencies correlated with risk, as well as market anticipation for major New Zealand growth...

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Pound to New Zealand Dollar (GBP/NZD) Exchange Rate Dips as UK Construction PMI Signals a ‘Setback’

4 Sep 2020 at 2 PM - Written by John Cameron

GBP/NZD Exchange Rate Falls on Lingering Brexit Uncertainty The Pound to New Zealand Dollar (GBP/NZD) exchange rate fell by -0.3% today, with the pairing currently trading around NZ$1.975. Sterling suffered today following the release of August’s UK Construction PMI, which undershot forecasts and fell from 58.1 to 54.6. As a result,...

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Pound to New Zealand Dollar (GBP/NZD) Exchange Rate Steady as ‘Kiwi’ Traders Monitor US Jackson Hole Symposium

27 Aug 2020 at 3 PM - Written by John Cameron

GBP/NZD Exchange Rate Rangebound as NZ Announces Fresh Covid-19 Lockdowns The Pound to New Zealand Dollar (GBP/NZD) exchange rate dipped today, with the pairing currently fluctuating around $1.990. The New Zealand Dollar (NZD) held steady today ahead of the American Jackson Hole Symposium, with NZD investors paying close attention to...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound New Zealand Dollar Exchange Rate News: GBP/NZD Bouyed as NZ PM Laments ‘Frankly Terrible Year’

24 Aug 2020 at 2 PM - Written by John Cameron

New Zealand Dollar (NZD) Dented by Coronavirus Concerns The New Zealand Dollar (NZD) opens this week on the back foot against the Pound (GBP) and majority of its other peers in light of concerns over New Zealand’s coronavirus situation. Having recorded zero community transferred cases through the most of summer, New Zealand has...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound to New Zealand Dollar (GBP/NZD) Exchange Rate Rises as US-China Trade Tensions Weigh on ‘Kiwi’

13 Aug 2020 at 4 PM - Written by John Cameron

GBP/NZD Exchange Rate Edges Higher as US-China Tensions Intensify The Pound to New Zealand Dollar (GBP/NZD) exchange rate rose by 0.6% today, with the pairing currently trading around NZ$1.97. The New Zealand Dollar (NZD) has suffered from a sell-off of risky assets today following reports of an escalation in US-China trade tensions. As a...

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Pound to New Zealand Dollar (GBP/NZD) Exchange Rate Edges Higher as UK Services PMI Sees ‘Strong Return to Form’

5 Aug 2020 at 4 PM - Written by John Cameron

GBP/NZD Exchange Rate Rises as Hopes for the UK Economy Grow The Pound to New Zealand Dollar (GBP/NZD) exchange rate rose by 0.2% today, with the pairing currently trading around NZ$1.97. Sterling edged higher against the New Zealand Dollar (NZD) today following the release of the UK services PMI, which fell slightly below consensus from...

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Pound to New Zealand Dollar (GBP/NZD) Exchange Rate Sinks as Hopes Grow for New Zealand’s Economic Recovery

22 Jul 2020 at 12 PM - Written by John Cameron

GBP/NZD Exchange Rate Falls as Strong Dairy Prices Buoy ‘Kiwi’ The Pound to New Zealand Dollar (GBP/NZ) exchange rate fell by -0.7% today, with the pairing currently fluctuating around NZ$1.90. The New Zealand Dollar (NZD) edged higher today as confidence continues to grow in New Zealand’s domestic economy. Strong dairy prices have...

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GBP to NZD Exchange Rate Attempts Rebound Following Last Week’s Weakness

20 Jul 2020 at 5 PM - Written by Tim Boyer

Despite higher market demand for risk-sentiment amid hopes for positive developments in the ongoing coronavirus pandemic, the British Pound to New Zealand Dollar (GBP/NZD) exchange rate rebounded today. A mixed global outlook for the coronavirus pandemic did weigh on risk-sentiment, while some investors looked to buy the Pound back from its...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP to NZD Exchange Rate Reaches Weekly Best as Sterling Eventually Benefits from UK Stimulus News

9 Jul 2020 at 3 PM - Written by Minesh Chaudhari

Despite market risk sentiment rising again today, the British Pound to New Zealand Dollar (GBP/ZAR) exchange rate is testing its best levels all week. As markets show a delayed reaction to UK Chancellor Rishi Sunak’s fiscal policy plans, the Pound is advancing today. Sterling may struggle to keep recovering though, as the strong New Zealand...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound to New Zealand Dollar (GBP/NZD) Exchange Rate Rises as Covid-19 Second Wave Fears Drag Down ‘Kiwi’

7 Jul 2020 at 5 PM - Written by John Cameron

GBP/NZD Exchange Rate Edges Higher as Hopes Grow on Brexit Talks The Pound to New Zealand Dollar (GBP/NZD) exchange rate rose by 0.4% today, with the pairing currently trading around NZ$1.91. Sterling rose today on rising hopes of a possible breakthrough in UK-EU trade negotiations after Monday saw reports that negotiations were preparing...

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