Currency News

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 News: Pound Sterling Drops after UK Wage Growth Slows

14 Aug 2018 at 4 PM - Written by Tim Boyer

On Monday, the Pound to New Zealand Dollar exchange rate opened trading in the region of NZ$1.9376 and closed up higher around NZ$1.9411. This slight appreciation was caused by positive speculation that Tuesday’s UK wage growth data could show a rise in June. Pound to New Zealand Dollar (GBP/NZD) Exchange Rate Slides on UK Wage Growth...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP to NZD Dollar Exchange Rate Fails to Advance as UK Services PMI Falls Short

3 Aug 2018 at 2 PM - Written by Toni Johnson

Despite underwhelming New Zealand data and continued market aversion to risky trade-correlated currencies amid US-China trade anxieties, the British Pound to New Zealand Dollar (GBP/NZD) exchange rate has ultimately failed to move much this week at all due to significant Brexit jitters weighing on the Pound’s appeal. Since opening this...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP to NZD Exchange Rate Sheds Advance Attempts as Bank of England Caution Weighs

2 Aug 2018 at 4 PM - Written by Frank Davies

Despite the New Zealand Dollar’s broad weakness on market risk-aversion and an interest rate hike from the Bank of England (BoE), the British Pound to New Zealand Dollar (GBP/NZD) exchange rate may not have advanced much by the end of the week. Cautious tones from Bank of England officials continue to weigh heavily on the Pound. Since...

CATEGORIES: Pound New Zealand Dollar Forecasts

Daily GBP/NZD News: Pound to New Zealand Dollar Exchange Rate Drops on CBI Sales Data

25 Jul 2018 at 4 PM - Written by Tim Boyer

Tuesday’s GBP/NZD trading saw the Pound open in the region of NZ$1.9320 and closed slightly higher at a level of NZ$1.9328. This wasn’t the sum total of daily trading – the Pound to New Zealand Dollar exchange rate fluctuated significantly from the morning to the evening. Pound Sterling to New Zealand Dollar (GBP/NZD) Exchange...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP/NZD Exchange Rate Static Today on PM’s Brexit Speech

20 Jul 2018 at 12 PM - Written by Ben Hughes

On Thursday, the Pound opened trading against the New Zealand Dollar at a level of NZ$1.9251 and closed up slightly higher at NZ$1.9297. This advance came despite strong headwinds against the Pound from UK domestic data, which showed retail sales growth slowing by more than expected in June. Last month’s readings showed unexpectedly...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP to NZD Exchange Rate Investors Await Key NZ and UK Inflation Results

16 Jul 2018 at 2 PM - Written by James Fuller

Despite broad uncertainties about the Brexit process, risk-aversion ultimately got to the New Zealand Dollar again last week and the British Pound to New Zealand Dollar (GBP/NZD) exchange rate advanced. On Monday, the New Zealand Dollar saw mixed trade as investors anticipated major New Zealand inflation data. After opening last week at...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP to NZD Exchange Rate Weakens on Brexit Jitters Despite Trade War

6 Jul 2018 at 4 PM - Written by Ben Hughes

June’s UK PMI data was impressive enough to cause a jump in Bank of England (BoE) interest rate hike bets, but this wasn’t enough to keep the British Pound to New Zealand Dollar (GBP/NZD) exchange rate buoyed. Instead, Brexit jitters and a brief boost in risk-sentiment pushed the pair lower towards the end of the week. After opening...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP to NZD Exchange Rate Edges Higher Amid Lack of ‘Kiwi’ Support

2 Jul 2018 at 5 PM - Written by James Fuller

A lack of market reasons to buy the New Zealand Dollar, as well as huge bets that the ‘Kiwi’ will fall against the US Dollar (USD), made it easier for the British Pound to New Zealand Dollar (GBP/NZD) exchange rate to advance on Monday. However, Sterling’s gains were limited as Brexit jitters remained. Last week’s worsening in...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP/NZD News: Pound Sterling to New Zealand Dollar Exchange Rate Rises 0.3% on RBNZ Caution

28 Jun 2018 at 5 PM - Written by James Fuller

Yesterday saw the Pound to New Zealand Dollar exchange rate open in the region of 1.9311 at the start of daily trading. Despite an early rise to a rate of 1.9408, the GBP/NZD pairing ultimately closed down lower around 1.9319 by the evening. The main factor lowering demand for the Pound yesterday was the concern that not enough progress...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP/NZD Exchange Rate Up 0.5% after BoE Official Backs Interest Rate Hike

21 Jun 2018 at 5 PM - Written by Ben Hughes

On Wednesday, the Pound to New Zealand Dollar exchange rate opened in the region of 1.9081 and closed higher at 1.9178. UK domestic data proved supportive during the morning, when Confederation of British Industry (CBI) industrial orders stats showed forecast-beating levels of growth in June. Rising Support for BoE Interest Rate Hike...

CATEGORIES: Pound New Zealand Dollar Forecasts