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Pound New Zealand Dollar forecast - GBP NZD

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

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RBNZ Cut: Pound to New Zealand Dollar Nears Best Buy Rate in Nine Years

9 Apr 2025 at 10 AM - Written by Frank Davies

The Reserve Bank of New Zealand (RBNZ) cut interest rates again as expected. The move was overshadowed by a further escalation in the US-China trade war which increased fears over the Asian and global economic outlook while risk appetite deteriorated again with equities under renewed pressure. The New Zealand dollar to dollar (NZD/USD)...

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New Zealand Dollar Rallies Despite Latest RBNZ Rate Cut

20 Feb 2025 at 8 AM - Written by Frank Davies

The New Zealand dollar spiked lower after the latest Reserve Bank of New Zealand rate cut before rallying on expectations that the rate cycle would end this year while aggressive rate cuts would help underpin the economy. The Pound to New Zealand dollar exchange rate (GBP/NZD) spiked to 2-week highs just above 2.22 before a retreat to...

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New Zealand Dollar Rebounds Despite Rate Cut, GBP/NZD Hits 1-Month lows

28 Nov 2024 at 9 AM - Written by Frank Davies

The New Zealand dollar rallied after the Reserve Bank of New Zealand (RBNZ) interest rate cut. There had been some speculation of an even larger cut and the decision triggered some short covering. There were also hopes that lower rates would help support the economy. The New Zealand dollar to dollar (NZD/USD) exchange rate rallied...

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The New Zealand Dollar to Pound Rate Drops Sharply as the RBNZ Cut 50bps

10 Oct 2024 at 7 AM - Written by David Woodsmith

Wednesday’s session is mostly flat as the dollar and yields consolidate recent gains. The big move of the day comes from the New Zealand dollar which fell around –1%. This came after the RBNZ cut rates by another 50bps. This was no real surprise to markets, but the bank’s outlook and dovish tone weighed on exhancge rates....

CATEGORIES: New Zealand Dollar Forecasts Pound New Zealand Dollar Forecasts

Pound Sterling Hits 2-Week Best vs New Zealand Dollar on Dovish RBNZ

28 Feb 2024 at 9 PM - Written by David Woodsmith

The New Zealand dollar slumped following the Reserve Bank of New Zealand (RBNZ) interest rate decision with rates held at 5.50%. This was the consensus forecast, although a minority of banks had backed a rate hike and markets had priced in around a 23% chance of a hike. The New Zealand dollar to US dollar (NZD/USD) exchange rate...

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New Zealand Dollar Retreats Ahead of Huge RBNZ Rate Decision This Week

26 Feb 2024 at 9 PM - Written by David Woodsmith

The New Zealand dollar lost ground on Monday with a significant element of position adjustment ahead of Wednesday’s Reserve Bank of New Zealand (RBNZ) policy decision. The New Zealand dollar to US dollar (NZD/USD) exchange rate retreated to 0.6175 after failing to bear 0.6200 while the Pound to New Zealand dollar (GBP/NZD) exchange rate...

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New Zealand Dollar Outlook: Eventual NZD/USD gains say ANZ Analysts

24 Jan 2024 at 8 AM - Written by John Cameron

China Hopes Rescue the New Zealand Dollar, GBP/NZD Exchange Rate Retreats from 2-Month Highs The New Zealand dollar initially remained under pressure on Tuesday amid another round of disappointing economic data and rate-cut speculation. Reports that the Chinese authorities were set to launch a support package for Chinese equities...

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New Zealand Dollar Buoyant, Pound Slides to 6-Month Lows After UK Inflation data

21 Dec 2023 at 7 AM - Written by David Woodsmith

The Pound to New Zealand Dollar exchange rate (GBP/NZD) was undermined by the latest UK inflation data on Wednesday. Although the New Zealand dollar retreated from intra-day highs, it remained in positive territory and posted 5-month highs against the US dollar. The GBP/NZD exchange rate posted sharp losses on the day and retreated...

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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