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

New Zealand Dollar Spikes on RBNZ Rate-Hike Warning

29 Nov 2023 at 5 PM - Written by Ben Hughes

The Reserve Bank of New Zealand (RBNZ) held interest rates at 5.50% at the latest policy meeting which was in line with consensus forecasts. The statement was, however, notably more hawkish than expected and the warning that interest rates may have to increase further trigger sharp New Zealand dollar gains. NZD/USD spiked to 16-week...

CATEGORIES: New Zealand Dollar Forecasts

Pound Sterling loses out to Australian and New Zealand Dollars as Global Risk Appetite Surges

16 Nov 2023 at 8 AM - Written by Toni Johnson

The Australian and New Zealand dollars both benefitted from a surge in risk appetite following the benign US inflation data and the Australian dollar also drew support from the latest wages data. Chinese data releases also triggered an element of optimism surrounding the economic outlook which also underpinned the Australian and New...

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

Pound to New Zealand Dollar Forecast: GBP/NZD Slides from 3-Week Best

16 Oct 2023 at 9 PM - Written by Frank Davies

The Pound to New Zealand Dollar exchange rate (GBP/NZD) hit 3-week highs near 2.0660 on Friday amid risk aversion. The New Zealand election result and hopes for Chinese support measures triggered a reversal on Monday with GBP/NZD sliding to test the 2.0500 area. Crucial GBP/NZD support does not emerge until the 2.0275-2.0300 area. In...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound New Zealand Dollar Exchange Rate News: GBP/NZD Soured as RBNZ Raised Interest Rates by 50bps

22 Feb 2023 at 3 PM - Written by John Cameron

New Zealand Dollar (NZD) Buoyed as RBNZ Hikes Rates by 50bps The New Zealand Dollar (NZD) found a surge in demand on Wednesday in the wake of the Reserve Bank of New Zealand (RBNZ) raising the interest rate to 4.75%, the highest level since January 2009. The move was the 10th consecutive raise, the most aggressive tightening cycle since...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound New Zealand Dollar Exchange Rate News: GBP/NZD Pressured by Unrelenting Inflationary Pressures

2 Nov 2022 at 12 PM - Written by John Cameron

Pound (GBP) Slumped on Cost-of-Living Crunch The Pound (GBP) struggled for demand against almost all its rivals on Wednesday as the cost-of-living crisis deepens. Food prices continue their surge as they rose by 11.6% in October, the fastest increase since 2005 when records began. Non-food prices also increased 4.1% from September,...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound New Zealand Dollar (GBP/NZD) Exchange Rate Drops to 9-Day Low

25 Aug 2022 at 11 AM - Written by John Cameron

GBP/NZD Exchange Rate Tumbles on Risk-On Mood, Sterling Weakness The Pound New Zealand Dollar (GBP/NZD) exchange rate is falling this morning as a stronger risk appetite buoys risk sensitive currencies, while energy-related headwinds in the UK suppress appeal for the Pound (GBP). At the time of writing, GBP/NZD is trading at...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound New Zealand Dollar Exchange Rate Firms as BoE Signals Future Rate Hikes

16 Jun 2022 at 3 PM - Written by John Cameron

Pound New Zealand Dollar (GBP/NZD) Exchange Rate Gains amid Poor NZ Growth The Pound New Zealand Dollar (GBP/NZD) exchange rate is climbing higher in the aftermath of the Bank of England’s (BoE) interest rate decision. The currency pair fell earlier after the central bank announced a 0.25% rate hike. The possibility of aggressive...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound New Zealand Dollar Exchange Rate News: GBP/NZD Plummets after RBNZ Raises Interest Rates

25 May 2022 at 1 PM - Written by John Cameron

GBP/NZD Plunges as RBNZ Hikes Interest Rates The Pound New Zealand Dollar (GBP/NZD) exchange rate is falling today after the Reserve Bank of New Zealand (RBNZ) hiked interest rates. Meanwhile, the Pound (GBP) is under pressure following publication of Sue Gray’s ‘Partygate’ report. At the time of writing, the GBP/NZD exchange...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound New Zealand Dollar Exchange Rate News: GBP/NZD Drops despite Promising Comments from UK Chancellor

22 Mar 2022 at 1 PM - Written by John Cameron

GBP/NZD Plunges despite UK Chancellor’s Promising Comments The Pound New Zealand Dollar (GBP/NZD) exchange rate is falling despite hopes UK Chancellor, Rishi Sunak, will have some ‘wiggle room’ to support citizens in his upcoming Spring Budget. At the time of writing, the GBP/NZD exchange rate is trading at approximately...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound New Zealand Dollar Exchange Rate News: GBP/NZD Stumbles After RBNZ Hikes Interest Rates

23 Feb 2022 at 11 AM - Written by John Cameron

GBP/NZD Falling as Reserve Bank of New Zealand Hikes Interest Rates as Forecast The Pound New Zealand Dollar (GBP/NZD) exchange rate is falling today after the Reserve Bank of New Zealand (RBNZ) hiked interest rates as expected. At the time of writing, the GBP/NZD exchange rate is trading at approximately NZ$2.0028, down roughly 0.6%...

CATEGORIES: Pound New Zealand Dollar Forecasts