Pound New Zealand Dollar forecast page 23 - GBP NZD

Last week’s Brexit news caused the British Pound to New Zealand Dollar exchange rate to plummet, but when markets opened on Monday it was the New Zealand Dollar being sold due to political uncertainties. Markets digested the mixed results of New Zealand’s 2017 general election. After days of volatile trade, GBP/NZD fell from near the...

Yesterday saw the Pound open trading against the New Zealand Dollar in the region of 1.8623. By the close of daily trading, the Pound lost ground slightly to come in at 1.8605. Pound Loses Ground on Lower Hopes of UK Interest Rate Hike In a dramatic change of fortune for the Pound, the UK currency has dropped by -0.6% against the New...

The Pound to New Zealand Dollar exchange rate is struggling to maintain the daily opening levels today, quoted at £1 = NZD$1.81223 (-0.18pct) ahead of the European open. GBP/NZD began the trading week fluctuating in the build up to tonight’s EU repeal bill vote. British parliament will vote tonight on the EU Withdrawal Bill (also...

The Pound’s minor advance against the New Zealand Dollar comes despite heavy scepticism about the UK borrowing surplus. GBP NZD Exchange Rate Rises despite Mixed Reception to UK Borrowing Stats The Pound has made a minor advance against the New Zealand Dollar today, following the news that the UK borrowing deficit has moved into a...

Even though market jitters mounted ahead of the weekend this was not enough to shore up the Pound New Zealand Dollar exchange rate. The mood towards the Pound remained distinctly bearish even in the wake of a stronger-than-expected uptick in July’s UK retail sales data. Although the headline figures were positive, though, the...

The Pound’s gains against the New Zealand Dollar today are primarily due to the latter’s weakness, rather than any particularly good UK news. GBP Recap: Pound Advances despite Brexit Fears Ahead of a high-impact inflation rate announcement, the Pound has risen against the New Zealand Dollar. This comes on a week where UK...

A fresh bout of Brexit-based uncertainty helped to keep the Pound New Zealand Dollar exchange rate under pressure at the start of the week. Clarity over the likely outcome of negotiations remained distinctly lacking as a result of conflicting reports regarding the size of the UK’s divorce bill, and what the government might be willing to...

After poor performance in recent weeks, the British Pound to New Zealand Dollar exchange rate is surging this week as demand for risk-correlated currencies drops and New Zealand’s latest ecostats disappoint. After opening the week at the low level of 1.7476, GBP/NZD has made a strong recovery. On Wednesday the pair hit a fresh...

The Pound to New Zealand Dollar exchange rate has regrouped since last week’s slide, climbing to 1.7561 today despite the international monetary fund (IMF) downgrading its UK growth forecast. The IMF announced that it expects the UK economy to grow by 1.7% in 2017, a drop from the previous estimate of 2%. The forecast for next year...

As discussions between UK and EU negotiators continue in Brussels, the Pound has advanced by 0.2% against the New Zealand Dollar. Rising GBP NZD Exchange Rate Triggered by Growing Brexit Optimism While minor, this rise in the GBP NZD exchange rate still demonstrates growing investor optimism about the Brexit process. Initial UK-EU...